Introduction to Becoming an MMC EIC Training
1/26/2023
Internal Use Only
Multistate Mortgage Committee (MMC)
19
Internal Use Only
Multistate Mortgage Committee (MMC) Who is the MMC? • Responsible for coordinating supervision of nonbank multistate mortgage lenders & servicers • Establishing standards • Developing & enhancing training • Scheduling, coordinating & overseeing all MMC exams • Monitoring mortgage industry for risk • Disseminating supervisory matters to state system • Consists of 10 state regulators appointed by CSBS & AARMR Boards
20
10
Made with FlippingBook - professional solution for displaying marketing and sales documents online