James Brody and Ronald Gapp of Brody Gapp LLP sat down with NMP at MBA Secondary — and didn't hold back
Tagged: Compliance
Wrapper Files support standardized data transfers between origination and servicing systems, with potential savings of $60 to $160 per loan
Old statutes, new models, and the vendor contract you signed before machine learning became operational
As lower interest rates and rising loan volumes put pressure on mortgage operations, lenders that modernize post-close QC with automation will be best positioned to reduce defects, maintain compliance, and scale efficiently
The phased deal gives independent loan officers a new path into joint venture origination — without the back-office build
New GSE rules are pushing mortgage lenders to conduct deeper audits of vendor AI systems beyond traditional SOC 2 reviews
Brody Gapp LLP compliance review comes amid growing GSE scrutiny around AI governance, vendor oversight, and mortgage lending workflows
Law firm unveils AI governance guide, completes first mortgage AI attestation with Friday Harbor ahead of new GSE vendor oversight standards
Why lenders still need strong AI governance, even after the CFPB’s Regulation B rollback
Why mortgage lenders will gain more value from specialized AI assistants solving specific operational bottlenecks than from chasing a single all-encompassing AI platform transformation