Supervisory Highlights: Summer 2013
Our mission is to help ensure a financial services marketplace that operates in accordance with federal consumer financial law and works well for both consumers and the businesses that serve them. Since the last issue of Supervisory Highlights, our supervisory actions have required changes to compliance management systems to prevent violations and reduce risks to consumers.
In this issue of we review the development of our supervision program and share certain key findings from our supervisory activities in the areas of compliance management systems, mortgage servicing, and fair lending in order to help industry limit risks to consumers and comply with federal consumer financial laws. This report highlights work completed between November 2012 and June 2013.