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Compliance Consulting Corporation

Faithfully serving the mortgage industry since 1991!

Our Red Flags Rule Package contains a complete set of documents, customized with your company information, that establishes company wide Red Flags Rule compliant policies and procedures.

Product Summary

Our complete Red Flags Rule Package includes:

 

· An overview of the Red Flags Rule requirements

· A written Policies and Procedures manual customized for your company

· A built-in training program for your employees

· Employee acknowledgements

· Employee background check forms

· All necessary confidentiality and security agreements

· A checklist of Red Flags rule compliance requirements

Federal law requires that mortgage companies comply with the Red Flags Rule by December 31, 2010.  What does that mean for you?

 

The Red Flags Rule was designed to mitigate potential identity theft.  The rule requires certain companies to develop and implement a written identity theft program to detect the warning signs - or "red flags" - of identity theft in their organizations.  If your company arranges for loans or makes credit decisions, you fall under the purview of the rule.

 

What do you have to do? Well, the rule requires you to develop written policies and procedures (i.e. your "program") to:

 

1. Identify the "red flags" of identity theft that you may run across in the day-to-day operation of your business (e.g. falsified W-2s)

 

2. Create procedures to detect the red flags you've identified

 

3. Have a plan of action to take when you spot a red flag

 

4. Continually evaluate potential identity theft risks

 

Additionally, the rule requires you to designate a senior employee to administer your program and to provide appropriate training to your employees regarding your program.  You must also conduct background checks of future employees.

 

If you already have such a program in place, congratulations!  If not, Compliance Consulting Corporation has created a Red Flags Rule Package that you can use to satisfy the red flags rule requirements.  It includes written policies and procedures (that we customize for your company), a checklist of everything you need to do on a regular basis to maintain compliance, employee background check forms and more.

 

For peace of mind and to comply with the red flags rule requirements, you can purchase this package for a one-time investment.

(Prefer to order by FAX or US Mail?  Click here)

Red Flags Rule

To contact Compliance Consulting Corp:

Phone: (561) 586-3645

Fax: (561) 586-6335

E-mail: info@ComplianceConsultingCorp.com

Important terms on this page: Red Flags Rule, Red Flags Rule Policy and Procedures, Red Flags Rule documents, Red Flags Rule Employee Background Check, Red Flags Rule Compliance, Red Flags Rule Compliance Deadline, Red Flags Rule Enforcement Deadline June 1, 2010

$295 - Red Flags Rule Docs

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