10 USC 987

MLA Compliance Execution for Mortgage Lenders

The Military Lending Act provides additional protections for active duty servicemembers and their dependents. Canarie helps you execute MLA compliance through automated workflows for covered borrower checks, rate calculations, and required disclosures. Specifically tailored for the compliance requirements of mortgage lenders.

More for Mortgage Lenders

Key Requirements

1
Covered borrower status verification
2
Military Annual Percentage Rate (MAPR) limit
3
Required oral and written disclosures
4
Prohibited loan terms
5
Arbitration limitations
6
Record retention

Mortgage Lenders Compliance Challenges

Complex disclosure requirements
Fair lending scrutiny
Servicing compliance
Multi-state licensing
CFPB examination readiness

How Canarie Helps Mortgage Lenders

Automated Workflows

Recurring MLA Compliance Execution tasks are scheduled, assigned, and tracked automatically.

Evidence Capture

Evidence is captured automatically as compliance work is completed.

Audit Trails

Complete audit trails show who did what, when, with immutable records.

Examiner-Ready Export

Export organized evidence packages in formats examiners expect.

Non-Compliance Risks

Loan voidability
Civil money penalties
DOD enforcement
Prudential regulator action

Frequently Asked Questions

Automate MLA Compliance Execution for Your Mortgage Lender

See how mortgage lenders execute compliance with confidence.