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Social Media Mortgage Compliance Tool Launched

Tool monitors loan originators' social media usage

Aug. 10, 2017

By Mortgage Daily staff



A new tool helps mortgage-banking firms with the daunting task of monitoring their loan origination staffs' use of social media and regulatory compliance.

With the intense level of mortgage regulation that is in place today, there is a high risk of unintentional mistakes made with social media.

As a result of such possible errors, there is a high potential for residential lenders that utilize social media to face unnecessary financial risk.

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