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By taking caution we are avoiding and preventing ahead of time a possible foreclosure.
Recommend a preventive solutions that incorporates risk mitigation
The best tool is to open the channels of communication with employees and communicate and keep the update with the new regulation and guidelines regarding mortgage financing.
2) Any discrimination to extend credit because race, color, religion, age its consider a violation
They are 3 categories of control in relationship to risk.
1) Preventive Control: Can reduce the risk that united Mortgage can encounter. In order to prevent mortgage fraud united Mortgage have a new policy to required every single homebuyer to sign a 4506T (tax transcript) with the purpose that the tax return to be review prior to submit to the underwriter...
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Common topics in this essay:
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