Vendor Risk & Governance: A Self-Assessment for Mortgage Companies

Know Where Your Program Stands Before Regulators Ask

Recent enforcement actions against mortgage companies share a common thread: governance failures. And with the CSBS sharpening its focus on third-party risk, cyber resilience, and oversight accountability, regulators aren't just looking at what went wrong — they're looking at whether your program was built to catch it.

This checklist walks through six risk management areas where mortgage companies most commonly have gaps, so you can assess your current maturity and know exactly where to focus before your next exam.

Download the checklist to learn:

• The six areas of risk management governance regulators are most focused on — from vendor identification and contact oversight to AI adoption and board level accountability
• What "mature" looks like in each area, with specific practices that distinguish organizations with strong programs from those that are still catching up
• The key questions examiners and state regulators are likely to ask, so you can evaluate your program from the outside in