How does Canarie help with mortgage lending compliance?

Canarie creates workflows for disclosure timing, QC testing, fair lending monitoring, and documentation requirements.

Multiple regulations

Mortgage Lending Compliance Execution for Community Banks

Mortgage lending involves multiple overlapping regulations. Canarie helps you execute mortgage compliance through automated workflows for disclosure timing, underwriting procedures, and quality control. Specifically tailored for the compliance requirements of community banks.

More for Community Banks

Key Requirements

Loan Estimate and Closing Disclosure

Ability-to-Repay/QM requirements

Fair lending compliance

Appraisal requirements

Quality control program

Record retention

Community Banks Compliance Challenges

Lean compliance teams wearing multiple hats

Same regulatory scrutiny as larger banks

Limited budget for compliance technology

Managing multiple examiner relationships

Keeping up with regulatory changes

How Canarie Helps Community Banks

Automated Workflows

Recurring Mortgage Lending 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

Statutory damages per violation

Class action liability

Regulatory enforcement

Loan assignee liability

Frequently Asked Questions

Other Regulations for Community Banks

31 CFR Chapter X

BSA/AML Compliance Execution

Execute BSA/AML compliance with automated workflows for customer due diligence, transaction monitoring, and suspicious activity reporting.

12 CFR Part 1026

TILA/Reg Z Compliance Execution

Execute Truth in Lending compliance with workflows for disclosure accuracy, APR calculations, and periodic statement requirements.

12 CFR Part 1002

ECOA/Reg B Compliance Execution

Execute fair lending compliance with workflows for monitoring, exception tracking, and adverse action notice requirements.

Mortgage Lending Compliance Execution for Other Industries

Automate Mortgage Lending Compliance Execution for Your Community Bank

See how community banks execute compliance with confidence.