Graham-Leach-Bliley, Section 19 of FDIC Regulations, State Consumer Protection Statutes and Dodd-Frank Mandate that Banks and Mortgage Lenders adopt internal controls to manager risk related to an employee's access to private consumer data. Risk managers maintain that you conduct ANNUAL background screenings on ALL employees who have access to borrower personal financial information to be in full compliance and avoid liability.
This means openers, processors, MLO assistants, underwriters, closers and post-closers, and even non-MLO managers and executive employees must be screened to protect consumers from identity theft and fraud!
SSI has developed a new technology solution to assist you in meeting your SAFE Act screening requirements. Called SAFE-CHEK™ it provides three service levels to meet your needs starting at only $65.00.
To download the SafeChek™ flyer click here
To access the Why is Employee Screening Necessary flyer click here
To access the 2013 Fee Schedule click here