Mortgage companies want to devote enough resources to compliance and record-keeping to survive audits, but they need to do it within the financial constraints set by their business' high costs.

Home loan market participants and vendors that assist them pinpointed some steps lenders can take to prepare for audits, particularly regulatory checkups that have been growing in importance recently. They also discussed some possible ways to do this cost-effectively, and some of the steps that are still necessary but taking a back seat to others.

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Authoritative analysis and perspective for every segment of the mortgage industry