Compliance Only Review

Within a very highly regulated industry, our automated TRID check provides lenders with quick and efficient ways to cross-check documents for any violations that can lead to noncompliance, fines or defective loans. “Mortgage Compliance” is the industry’s general term that refers to the rules and regulations that control the entire mortgage process. With many Federal, State and Local predatory lending laws that can easily lead to exposure, OneDiligence LLC can guide our clients in risk determination. Purchasers and assignees may be subject to any and all affirmative claims or defenses with respect to the loan that the borrower could assert against the original creditor, or broker, of the loan. Our fully customizable compliance scripts offer our clients the ability to set custom thresholds and testing practices with ease. For example, a client may elect to include a full analysis of the Real Estate Settlement Procedures Act (RESPA) requirements, available at an additional fee, or choose to omit this analysis at their discretion. Clients can also analysis RESPA requirements on a case-by-case basis. With our decades of experience, OneDiligence LLC’s goal is to solve potential problems involving unconventional borrowers by offering guidance to our clients with the do’s and don’ts involving mortgages. Under the Home Mortgage Disclosure Act (HMDA), financial institutions are required to collect, maintain and report loan-level details. This act is intended to track whether or not lending institutions are serving their community’s needs. OneDiligence LLC is committed to ensuring our clients are operating in accordance with HMDA.