Supervisors Symposium - December 2023
CONFIDENTIAL
Current Initiatives
19
CONFIDENTIAL
MMC Current Initiatives
Mortgage OCOE Protocol and Examination Standards Two mortgage OCOEs scheduled in 2024. CSBS Strategic Plan measure to conduct a minimum of 10 OCOE exams in the 2025 ‐ 2026 exam cycle. Implement standard AFRs / information requests.
Develop standard exam procedures in 2024 for the Mortgage Examination Standards initiative. Increase agency adoption / usage of SES and the number of agencies accepting and leveraging exams. Mortgage Lender/Servicer Risk Monitoring Framework and Reporting Revisions to MMC Mortgage Exam Manual Increasing coordination among states and with federal agencies Determining the lead and participating agencies for all upcoming MMC exams (Q2 2024 – Q1 2025) A request for participation survey was sent to all agencies on Nov. 13 with a response date of Jan. 5, 2024. There are 9 MMC exams scheduled, including the 2 mortgage OCOEs.
20
Made with FlippingBook Digital Publishing Software