Baker Tilly Creates Mortgage Center of Excellence with Acquisition of The Compliance Group
Regulatory compliance is one of the largest challenges facing mortgage originators and servicers today. Navigating the complex web of “legalese” that makes up financial regulations can leave even the most compliance-savvy lender feeling lost and confused.
Financial institutions and independent mortgage bankers are continuing to shift their focus toward the modern borrower experience, defined by digitization and automation. At the same time, quality control services must keep pace with high demand and evolving compliance requirements.
Baker Tilly’s mission through our Mortgage Center of Excellence is to provide quality care to our clients while also staying on the cutting edge of the complexities of compliance and credit risk. We assist all types of financial institutions within the mortgage industry — mortgage lenders, banks, credit unions, payday lenders, consumer finance — and are committed to helping your institution in building a comprehensive internal compliance and enterprise risk management program that will withstand the most arduous of regulatory audits.
Baker Tilly’s mortgage compliance team provides the regulatory compliance, risk management, and digital technology understanding necessary to support our clients from all angles — keeping them agile in a quickly evolving environment. To help meet this growing need, The Compliance Group joined the Baker Tilly team in December 2021, bolstering extensive solutions in internal audit, cybersecurity, digital transformation and financial modeling by enhancing regulatory compliance and risk management services for the mortgage lending and servicing markets.
Our combined team’s deep understanding of managing the regulatory and risk obligations for the mortgage industry plus extensive financial services specialized knowledge and solutions creates a combination of skills, knowledge and bench strength to produce powerful outcomes for our clients and the market.