12 CFR Part 1024

Mortgage Servicing Compliance Execution for Consumer Lenders

Mortgage servicing regulations require specific procedures for loss mitigation, escrow, and borrower communications. Canarie helps you execute servicing compliance through automated workflows for all servicing requirements. Specifically tailored for the compliance requirements of consumer lenders.

More for Consumer Lenders

Key Requirements

1
Loss mitigation procedures
2
Escrow account management
3
Periodic statement requirements
4
Error resolution procedures
5
Information request handling
6
Servicing transfer requirements

Consumer Lenders Compliance Challenges

Multi-jurisdictional requirements
Consumer protection scrutiny
State rate and fee limitations
Fair lending requirements
CFPB oversight

How Canarie Helps Consumer Lenders

Automated Workflows

Recurring Mortgage Servicing 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

Actual and statutory damages
Pattern or practice penalties
CFPB enforcement actions
State enforcement

Frequently Asked Questions

Automate Mortgage Servicing Compliance Execution for Your Consumer Lender

See how consumer lenders execute compliance with confidence.