9-23-13 CFPB's 3rd Party Vendor Validation Requirement (Part 2)

This is Part 2 in a series of broadcasts about CFPB's "Third Party Service Provider Vendor Validation" requirement.  Many are not aware of this requirement and/or don't which vendors come under this requirement.  On TODAY's broadcast Alice Alvey and Andy Schell (The Profit Doctor) discuss CFPB's bulletin (2012-03) which requires all Mortgage Lenders to assess and validate their Third Party Service Providers.  This is an important discussion that you will not want to miss. You may want to download and listen to the first (Part 1) broadcast on this topic which aired on September 9th.    Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Joe Farr with a MARKET UPDATE, Alice Alvey providing a LEGISLATIVE UPDATE, Paul Muolo of Inside Mortgage Finance giving a quick MTG NEWS HEADLINES update, Andy Schell (a/k/a "The Profit Doctor") providing tips on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.  This is followed by the HOT TOPIC segment, which is an in depth discussion about one of the hottest topics related to the mortgage industry.  The program can be heard "live" each Monday at Noon Central or downloaded as a podcast.  Each week thousands of industry professionals have found this to be an effective way to stay up on all that is happening in the mortgage industry.  We invite you to join us to listen and learn.  This broadcast is provided to the mortgage industry as a public service compliment of Mortgage Banking Solutions, helping YOU take YOUR business to the next level! This is Part 2 in a series of broadcasts about CFPB's "Third Party Service Provider Vendor Validation" requirement.  Many are not aware of this requirement and/or don't which vendors come under this requirement.  On TODAY's broadcast Alice Alvey and Andy Schell (The Profit Doctor) discuss CFPB's bulletin (2012-03) which requires all Mortgage Lenders to assess and validate their Third Party Service Providers.  This is an important discussion that you will not want to miss. You may want to download and listen to the first (Part 1) broadcast on this topic which aired on September 9th.    Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Joe Farr with a MARKET UPDATE, Alice Alvey providing a LEGISLATIVE UPDATE, Paul Muolo of Inside Mortgage Finance giving a quick MTG NEWS HEADLINES update, Andy Schell (a/k/a "The Profit Doctor") providing tips on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.  This is followed by the HOT TOPIC segment, which is an in depth discussion about one of the hottest topics related to the mortgage industry.  The program can be heard "live" each Monday at Noon Central or downloaded as a podcast.  Each week thousands of industry professionals have found this to be an effective way to stay up on all that is happening in the mortgage industry.  We invite you to join us to listen and learn.  This broadcast is provided to the mortgage industry as a public service compliment of Mortgage Banking Solutions, helping YOU take YOUR business to the next level!