11/30/15 TOPIC: GOVERNANCE for IMB's with Andy Schell a/k/a "The Profit Doctor"

Published: Nov. 30, 2015, 6 p.m.

On last week's podcast, ANDY SCHELL a/k/a "The Profit Doctor" gave our\xa0listeners an update from the MBA's Accounting and Finance Conference that took place the week before in New Orleans. \xa0One of the topics that Andy raised had to do with "Governance" for independent mortgage bankers (IMB's). \xa0Because a significant number of our listeners either are an IMB\xa0or work for an IMB, we had a significant amount of feedback and requests for additional information. \xa0For this reason, I have asked Andy to return as the Hot Topic guest to discuss this important topic. \xa0Here are some of the questions we will be discussing and Andy will be answering.\nWhat is the purpose of Corporate Governance?What does the CFPB require for Governance?How does an Independent Mortgage Bank address this requirement?Why do they call it a Compliance Management System?What about smaller companies, are they required\xa0to comply with these rules?\nThis is an important topic which you will want to tune in and listen too. \xa0I would encourage you to tell othera about it as well. \xa0\n\nDavid Lykken, Host and Moderator\xa0of the "Lykken On Lending" program.\nOn last week's podcast, ANDY SCHELL a/k/a "The Profit Doctor" gave our\xa0listeners an update from the MBA's Accounting and Finance Conference that took place the week before in New Orleans. \xa0One of the topics that Andy raised had to do with "Governance" for independent mortgage bankers (IMB's). \xa0Because a significant number of our listeners either are an IMB\xa0or work for an IMB, we had a significant amount of feedback and requests for additional information. \xa0For this reason, I have asked Andy to return as the Hot Topic guest to discuss this important topic. \xa0Here are some of the questions we will be discussing and Andy will be answering.\nWhat is the purpose of Corporate Governance?What does the CFPB require for Governance?How does an Independent Mortgage Bank address this requirement?Why do they call it a Compliance Management System?What about smaller companies, are they required\xa0to comply with these rules?\nThis is an important topic which you will want to tune in and listen too. \xa0I would encourage you to tell othera about it as well. \xa0\n\nDavid Lykken, Host and Moderator\xa0of the "Lykken On Lending" program.