Lenders Compliance Group Inc. (LCG) and The Law Offices of Joyce Wilkins Pollison Esq. have announced a strategic alliance to offer mortgage risk management guidance to the mortgage industry. Together the two firms will build on existing tools, processes, risk assessments, and resources to provide a "best practices" approach to residential mortgage compliance. LCG and Pollison both offer regulatory guidance to members of the real estate and banking industries. LCG provides a suite of services for all areas of mortgage banking, such as loan audit analytics, research, regulatory compliance guidance, loan origination channel and product development, mortgage quality control (QC), and due diligence reviews.
Joyce Wilkins Pollison has accepted the position of director of legal and regulatory compliance at Lenders Compliance Group and in that capacity she will work with the firm’s clients on their residential mortgage compliance needs.
“Jonathan Foxx and Lenders Compliance Group clearly possess and provide a wealth of information and unprecedented access to mortgage risk management support within the mortgage banking and mortgage brokerage industries, both of which are necessary to navigate the myriad of new procedures and requirements being imposed on mortgage lenders,” said Pollison. “A strategic alliance between us ensures that our respective clients are well versed and represented with respect to all regulatory compliance issues affecting their businesses. I am excited to bring together our resources and provide ‘best practices’ compliance solutions to strengthen our clients and the industry."
“We are especially pleased to welcome Joyce to our firm,” said Foxx, LCG’s president and managing director. “Her background, experience, and diverse knowledge offer our clients a unique opportunity to satisfy their mortgage compliance needs at the highest professional level. For 15 years, Joyce Pollison has counseled clients on applicable federal and state industry laws and regulations, with respect to mortgage acts and practices. Indeed, she has particular expertise in identifying risks as well as developing, reviewing and editing procedures and policies to assure regulatory compliance.”
Pollison will join LCG’s other directors, specialists, subject matter experts and mortgage consultants in providing hands-on mortgage compliance support to the firm’s clientele, including single and multi-platform lenders, investors, servicers, mortgage brokers and banks.