Audit & Compliance Services

Consulting and Training for Creditors’ Rights Law Firms

Simplify the Complexities of Compliance

As servicer and investor requirements and regulations become more rigorous, it’s easy for creditors’ rights firms to get caught up in the stress and frustration of audit preparation and the remediation of potential findings. Stop jumping through compliance hoops and regain focus on revenue- producing work.

With our Audit & Compliance services, your firm can:

  • Eliminate the necessity of staffing a full-time compliance officer or an in-house compliance department
  • Train employees to meet servicer requirements
  • Maintain focus on revenueproducing tasks
  • Stay up-to-date with new servicer directives

Industry-wide Knowledge of Standard Audit & Compliance Requirements

Our team of experienced professionals – led by an attorney with in-house law firm experience – knows the ins and outs of creditors’ rights compliance issues. Experience the advantages of our expertise in the default industry to more effectively and efficiently meet servicer expectations. Benefit from the compliance experience and industry best practices we’ve acquired from working with dozens of creditors’ rights law firms across the country.

Consulting Services

Under our Audit & Compliance consulting services, our experts can both prepare your firm for audits, as well as remediate findings you have incurred from previous audits. Services can range from a full-service, year-round program where we act as your outsourced compliance department, to short-term projects to get you back on track.

Compliance Training Services

Servicers require that law firms provide a certain level of compliance training for staff, and track and report that training according to specific parameters. This can be a cumbersome and time-consuming process for law firms. Our experts create web-based, servicer-approved compliance training courses based on your needs. This can include covering internal guidelines, as well as CFPB and FHLMC/FNMA requirements. We also continually develop and update training content to keep up with new directives, ensuring the most up-to-date content. Most importantly, we track your staff’s training activity and generate reports that meet your servicers’ exact formatting requirements for compliance training.

Contact us for an initial assessment

Our firm was faced with an upcoming servicer audit. Firm Solutions provided on-site and off- site consulting services, policy implementation, training and operational recommendations. Due to their efforts, our auditors were impressed with our preparedness. Their expertise led me to seek their HR services, as well!”

Law Offices of Herschel C. Adcock, Jr.