SERVICERS COMPLIANCE GROUP

New Risk Management Firm

1/9/14

I am pleased to inform you of the launch of our new affiliate, Servicers Compliance Group.

For some time, I have been concerned that many servicers and subservicers need competent compliance guidance in their efforts to comply with many servicing rules, and most especially the new servicing rules promulgated by the Consumer Financial Protection Bureau.

In particular, servicers must be able to meet the CFPB's Servicing Standards. The endeavor of servicers to comply with the myriad servicing regulations can be daunting.

We want to offer a cost-effective compliance solution to servicers. Over the years, mortgage servicers have had only their competitors, associations, various publications, and rather expensive professional firms to turn to for compliance guidance. That era has now ended with the advent of Servicers Compliance Group!

Just like years ago when we answered the need for lenders to retain cost-effective mortgage risk management, we are now answering the same need on the part of mortgage servicers. We also responded to the needs of mortgage brokers when we established Brokers Compliance Group.

Our view is that establishing Servicers Compliance Group and making it affordable brings servicers the kind of reliable and expert guidance that is needed to comply with new and existing laws, policies, procedures, and operations, involving the servicing of residential mortgage loans.

We have the people, resources, and expertise to provide servicers with the kind of care and attention that they expect.

Regards,

Jonathan Foxx

President and Managing Director

Lenders Compliance Group, Inc.

167 West Hudson Street - Suite 200

Long Beach, New York 11561

LENDERS COMPLIANCE GROUP is the first full-service, mortgage risk management firm in the United States specializing exclusively in outsourced mortgage compliance and offering a full suite of services in residential mortgage banking for banks and non-banks. We are pioneers in outsourcing solutions for residential mortgage compliance. We offer our clients real-world, practical solutions to mortgage compliance issues, with an emphasis focused on operational assessment and improvement, benchmarking methodologies, Best Practices, regulatory compliance, and mortgage risk management.

This newsletter is free to subscribers, clients, and colleagues, who also regularly receive our free Mortgage Compliance Updates, Publications Notices, and Commentaries.

Information contained in this email is not intended to be and is not a source of legal advice. The views expressed are those of the contributing author, as well as news services and websites linked hereto, and do not necessarily reflect the views or policies of Lenders Compliance Group, any governmental agency, business entity, organization, or institution. Lenders Compliance Group makes no representations concerning and does not guarantee the source, originality, accuracy, completeness, or reliability of any statement, information, data, finding, interpretation, advice, opinion, or view presented herein.

167 West Hudson Street - Suite 200 | Long Beach | New York | 11561 | (516) 442-3456