Introduction to Mortgage Origination Examinations Training eBook

Internal Use Only

3. Board Structure and Practices Other Board Committees • Established as necessary • Could include: • Nomination • Human resources • Governance • Ethics • Compliance

Internal Use Only

3. Board Structure and Practices Conflicts of Interest • Establish policies & procedures • Duty to avoid • Examples • Review & approval process

• Duty to disclose • Voting abstention • Rules • Maintain records