Exam Preparation

Lending Compliance Exam Preparation for BaaS Platforms

Lending compliance examinations evaluate your compliance with lending regulations including TILA, RESPA, and ECOA. Canarie helps you maintain evidence of compliant lending operations across the loan lifecycle. Specifically tailored for the unique examination requirements facing baas platforms.

More for BaaS Platforms

BaaS Platforms Exam Preparation Challenges

Oversight of multiple fintech partners
Demonstrating partner compliance to examiners
Scaling oversight with partner growth
Managing third-party risk at scale
Consistent compliance standards

Examining Agencies

CFPBFDICOCCFederal Reserve

Exam Frequency

Every 12-18 months

Preparation Steps for BaaS Platforms

1
Review lending disclosure procedures
2
Compile closing disclosure accuracy
3
Document APR calculation verification
4
Gather escrow account compliance
5
Prepare fair lending monitoring
6
Document quality control testing
7
Compile exception tracking

Evidence Examiners Expect

Lending policies and procedures
Disclosure accuracy testing
APR calculation documentation
Escrow account records
Fair lending monitoring results
Quality control test results
Exception and override tracking

Related Compliance Areas for BaaS Platforms

Third-party risk managementBSA/AML program oversightConsumer compliance oversightPartner due diligenceRegulatory examination management

Frequently Asked Questions

Transform Lending Compliance Exam Preparation for Your BaaS Platform

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