TOPIC: Reg C

Compliance Monitoring/Testing Plan for a Loan Product Serviced by a Third-Party

Employee at a bank ($13.6BUSA)
Hello CBANC Family,

I am once again reaching out for help. I am hoping I can get help from you all. We will be launching an unsecured personal loan/consumer loan product in the near future, and while the loans will remain in our books,  a third party will handle the origination and servicing of these loans. Do any of you have any compliance testing/monitoring plan(s) that you are willing to share with me, please? Any guidance will be immensely appreciated. Many thanks.

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