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 Neobanks

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 neobanks.

More for Neobanks

Key Requirements

Loan Estimate and Closing Disclosure

Ability-to-Repay/QM requirements

Fair lending compliance

Appraisal requirements

Quality control program

Record retention

Neobanks Compliance Challenges

Meeting sponsor bank compliance requirements

Building compliance credibility

Scaling compliance with user growth

Preparing for potential direct regulation

Managing third-party risk

How Canarie Helps Neobanks

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 Neobanks

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 Neobank

See how neobanks execute compliance with confidence.