There’s no denying that much of the recent news about the housing and mortgage market has been negative. This includes housing inventory shortages, higher home prices, higher mortgage rates compared with 2022, and affordability challenges for would-be borrowers. But, if we flip the lens, many opportunities are embedded in these challenges. We can help your originator team reset their focus, strengthen new, relevant skills, and create a playbook for success in 2023.

Let’s face it… the last week has not been pretty for the banking industry with the implosions of both Silicon Valley Bank and Signature Bank, while still, other regional banks teetered but appear to have been pulled back from the precipice. Pure and simple, this was total mismanagement of risk between the assets on their liability side as well as a textbook case of how a bank should not be run. As a former colleague of mine used to say: “Nobody gets to bet the Bank.” Truer words…

Like all lenders, not one of you ever got into this business to manage compliance on a day-to-day basis, but here at SCA, we sure did.

SCA’s compliance consulting team comprised of industry veterans and leaders help financial institutions just like you to maneuver through the ongoing challenges and minefields associated with regulatory compliance in the areas of CRA, Fair Lending, HMDA, ATR/QM, RESPA, TRID, Flood Insurance, Mortgage Servicing rules, HOEPA and REMA.