Training & Events

 “OPERATIONAL EXCELLENCE AND INTERNAL AUDIT’S CRITICAL ROLE” Webinar

The Fannie Mae Selling Guide states that seller/servicers must “have internal audit and management control systems to evaluate and monitor the overall quality of its loan production and servicing”.

There have been many recent citations for not having a sufficient internal audit function in Mortgage Origination Risk Assessment (MORA) reviews.

For many mortgage lenders and servicers, risk management can be described as operational internal controls/management representing the first line of defense; and QC, regulatory compliance and legal departments representing the second line of defense.

Mortgage companies have recently come under increased pressure from regulators and the GSEs to have an internal audit function, representing a third line of defense.  While this may initially seem burdensome, internal audit functions can add substantial value throughout your entire organization when effectively and efficiently implemented and managed.  Internal Audit is an investment in the security and soundness of your organization, and by properly managing risk, you are setting your organization up for even greater success in the future.  After this presentation, participants will have an understanding of:

  • Benefits of Internal Audit
  • Internal Audit Regulatory and GSE Requirements
  • Internal Audit Purpose and Independence
  • Internal Audit Process
  • Staffing Considerations

Presenters:

Brian J Mischel, Partner at BKD Cincinnati, OH
Ryan Sailor, Director at BKD New York, NY

Friday, February 9, 2018          10:00am-11:00am
OMBA Member      $99.95
Non-member            $149.95

REGISTRATION FORM
ONLINE REGISTRATION

2018 CONVENTION SPONSORS

DIAMOND SPONSORS

 

PLATINUM SPONSORS

GOLD SPONSORS

 

SILVER SPONSORS


BRONZE SPONSORS



stewart-title-logo

 

Month: Year:
« Prev April 2011 Next »
Monday Tuesday Wednesday Thursday Friday Saturday Sunday
        1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
 
Category Key
 Education
 Events
 General

For a complete list of classes and events, please click on link below.
classes & events