Introduction to Mortgage Origination Examinations Training

Internal Use Only

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

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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

40