Intro to Mortgage Origination Examinations Training - July 2025

Internal Use Only

5. Governance of Group Structure Parent Company should: • Establish governance framework

• Define subsidiary structure • Assess policies & procedures • Address conflicts of interests • Communications • Compliance • Effective internal audit

Internal Use Only

5. Governance of Group Structure Subsidiary Boards: • Develop risk management processes

• Support risk management • Policies & procedures input • Compliance