Project Background A National Mortgage Banking Lender sold a substantial portion of the $5B loan pool to the large banking buyer and faced Post Pool Loan Sale issues under Representations and Warranties (R & W). The buyer contested chain of title issues, legal descriptions, legal assignments, and unreleased prior liens. We were engaged to represent […]

Project Background A Mortgage Lender (Non-Bank) client wanted to liquidate $10-$15B in loans held in their investment portfolio. The loans were underperforming 9-12-year-old loans with regulatory compliance issues. The engagement was to review the loans and resolve, where possible, issues to enhance the sale value, with a primary focus on title curative and modifications. Services […]

Project Background: Nationwide Mortgage Banking client executed a Memorandum of Understanding (MOU) with the Consumer Financial Protection Bureau (CFPB). The MOU stipulated the client engage an Independent Third Party to resolve various rule violations found upon CFPB examination. Services & Solutions: Full examination and review of policies and procedures related to loan modifications Directives for […]

Project Background: A Money Center bank client needed to respond to an OCC examination requirement to address criticism of Policies and Procedures related to the required Vendor Management Rules. The examination stipulated the utilization of an independent third party to review and advise on specific improvement to P/P and necessary internal training of staff to […]

Warbird Financial Compliance Advisors are experts with years of experience in achieving results and providing comprehensive business solutions for clients. We pride ourselves on accurately evaluating your organization’s compliance needs and utilizing our unique industry benchmarks to optimize your results.