Data Facts Lending Solutions Blog

Due Diligence in Third Party Selection

Posted by Jennifer Hamby

Oct 9, 2014 4:36:00 PM

Third Party Vendor Management is a hot topic these days. 

In preparation for the August 2015 deadline, one of the first (and most effective) steps you can take to limit potential third-party risk, is to review and reduce your vendors to only the ones that adhere to the most stringent of compliance standards.

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Topics: Mortgage compliance, Compliance, Best Practices, third party vendor, BankerVMS, Third Party Vendor Management, TRID, BDV

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