New Compliance Service Exclusively for Mortgage Brokers

Lenders Compliance Group, Inc. (LCG) announced today the formation of Brokers Compliance Group, a new mortgage compliance service exclusively devoted to offering regulatory compliance support to mortgage brokers and mortgage loan originators.
By: Media Liaison at Lenders Compliance Group
 
Brokers Compliance Group
Brokers Compliance Group
May 8, 2012 - PRLog -- Lenders Compliance Group, Inc. (LCG) announced today the formation of Brokers Compliance Group, a new mortgage compliance service exclusively devoted to offering regulatory compliance support to mortgage brokers and mortgage loan originators. A Director of the firm will administer Brokers Compliance Group.

Stated Jonathan Foxx, LCG's President and Managing Director, "my colleagues and I feel that mortgage brokers and loan originators have been traditionally under-served by compliance professionals. We are able to offer cost effective, high quality compliance support to this important group that is in much need of timely, reliable, and essential compliance guidance."

Brokers Compliance Group has established the following free communications portals, as part of its new launch:

--Brokers Compliance Group - Website (http://bit.ly/IYiybE)
--Brokers Compliance Group - Social Community (http://bit.ly/J05G4S)
--Brokers Compliance Group - LinkedIn Group (http://linkd.in/JVpO98)

Brokers Compliance Group also has a presence on Twitter and Facebook.

Brokers Compliance Group offers compliance support services designed for mortgage brokers, which include:

--Policies and Procedures
--Due Diligence Reviews
--Ongoing Compliance Administration
--Direct Access to Compliance Experts
--Disclosure Reviews
--Training and Education
--Three Economical Plans
--Regulatory Hotline
--Weekly Column

The LinkedIn group is an Open Group devoted to sharing updates, news, and views about the unique mortgage compliance needs of residential mortgage brokers and mortgage loan originators.

The Social Community venue is a Closed Group, available only to mortgage brokers and loan originators who are interested in mortgage compliance news and solutions. LCG will maintain the community, monitor discussions, and encourage feedback.

According to Mr. Foxx, there are three service plans, depending on the client's compliance needs. Large and small mortgage brokers will be served, with smaller mortgage brokers being permitted to form cooperatives to receive compliance services as a group. LCG will even act as an ombudsman to place smaller brokers into cooperative arrangements, where necessary.

"Our focus is on the unique compliance needs of mortgage brokers and loan originators, who want to know as much as possible about the compliance requirements relating to originating residential mortgage loan products," said Mr. Foxx. "If your are a mortgage broker or a loan originator, I hope you will contact us to take advantage of the initiatives offered by Brokers Compliance Group."

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End
Source:Media Liaison at Lenders Compliance Group
Email:***@lenderscompliancegroup.com Email Verified
Zip:11561
Tags:Mortgage Brokers, Loan Officers, Mortgage Compliance
Industry:Banking, Mortgage, Financial
Location:Long Beach - New York - United States
Subject:Features
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