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Home » Store » Taxable » Examiners Looking Deeper into Fee Markups, Vendor Invoices Being Matched to Loan Files

Examiners Looking Deeper into Fee Markups, Vendor Invoices Being Matched to Loan Files

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Federal examiners are probing deeper than they have in the past into mortgage loan files and vendors’ bills to check for possible fee splitting violations. The increased vigilance of federal examiners over illegal fee splits and markup issues has been noticeable in the current cycle of compliance examinations of savings banks and state-chartered non-member banks, according to bankers.
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