State Mandated High-Cost Audits Could Bedevil Lenders

International Document Services Inc., Salt Lake City, Utah, expects state mandated high-cost audits to become a more time-consuming concern for mortgage lenders in 2010. State-specific high-cost regulations should be a source of concern for lenders, according to IDS president Curt Doman. The company is advising lenders to test their ability to provide evidence that meets and satisfies state-specific requirements.

Processing Content

For reprint and licensing requests for this article, click here.
Mortgage technology Compliance
MORE FROM NATIONAL MORTGAGE NEWS
Load More