Intro to Mortgage Origination Examinations Training - July 2025

Internal Use Only

Policy Review

Best Practice - an institution reviews all its policies & procedures annually.

Review can be scheduled into the corporate calendar.

Internal Use Only

Poll Question: What is the primary purpose of reviewing a mortgage lender’s policies during an examination?

A. To ensure that policies match that of other lenders B. To assess whether policies align with regulatory requirements and the lender’s practices C. To evaluate how many pages the policy manual includes D. To determine whether the policies are publicly available