12 CFR Part 1024

Mortgage Servicing Compliance Execution for Licensed Fintechs

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 licensed fintechs.

More for Licensed Fintechs

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

Licensed Fintechs Compliance Challenges

Managing licenses across 50+ jurisdictions
Tracking state-specific requirements
License renewal management
State examiner relationships
Scaling to new states efficiently

How Canarie Helps Licensed Fintechs

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 Licensed Fintech

See how licensed fintechs execute compliance with confidence.