Description
Examiners expect all financial institutions to conduct and document a comprehensive, ongoing, institution-wide risk assessment. The Risk Assessment evaluates and rates inherent risk, the quality of controls and residual risk. Benchmarks are provided for each rating for each factor. The Regulation Z Loan Originator Qualifications Risk Assessment provides a framework upon which the risk related to the §1026.36(f) qualification requirements, as implemented in your institution, for loan originators, is evaluated.
