New Federal Laws require every company to have a Compliant System in place at all times in the  operation of  a Covered business.

Mortgage Originators are required by law to have compliant systems for the origination of mortgage loans.

The Mortgage Originator Business Model is designed to meet your requirements for a Compliant Operation.

A Compliant Operation has a system in place to document and apply the following federal laws

The Laws Require:

1. Safe Handling of all Documents

2. Well Documented Communications Between all parties

3. Safe Handling of all electronic documents , emails faxing and texts received and sent

4. Well Documented Policies and Procedures

5. GAAP compliant Financial Controls

6. Training and over-site of operations

Every Mortgage Originator has a legal responsibility to Deter, Detect and Defend the Information of every  person you serve.

The only way an organization can prove they are compliant with the law is to have and use exclusively a  Compliant Business Operating System.

The main purpose of Charter Oak's System is the complaint operation of Mortgage Business.