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74 Risk Management/Due Diligence SPECIAL ADVERTORIAL SECTION VENDOR COMPLIANCE PLUS KEY PERSONNEL John Marsh CEO Staffing » 10 full-time employees GEOGRAPHICAL SCOPE United States and Europe CORPORATE DETAILS: 160 Cypress Point Parkway | Palm Coast, Florida 32164 | 888.533.2013 | vendorcomplianceplus.com INDUSTRY SERVED: Mortgage field service industry SPECIALTIES: Vendor compliance, criminal background check, credit check, onsite inspection COMPANY DESCRIPTION: Vendor Compliance Plus is a 3rd Party Compliance Management Software System tailored to the Mortgage Field Service Industry for proper screening and monitoring of current and potential vendors that provide financial products and/or services to financial institutions. Vendor Compliance Plus employs the most rigorous credentialing and compliance processes in the industry, ensuring strict adherence to a variety of new government mandates including the Consumer Financial Protection Bureau (CFPB). Vendor Compliance Plus maintains vendor profiles including a digital documents library. Providing secure system to store, manage, and retrieve documents, Vendor Compliance Plus Web-based compliance management software properly screens potential and current vendors for financial institutions with credentialing and compliance processes that ensure adherence to government mandates. Password protected area lets vendors maintain compliance documentation, while financial institutions can browse vendors, employees, reports, and documents in order to make informed decisions. WHAT SETS YOU APART: Unsatisfactory work, fraud, and risk are hazards that happen all too often when a comprehensive verification is not complete, thus making it the company's focus to provide the most secure system to store, manage, and retrieve documents. Through a password protected area, vendors can maintain the documentation needed for compliance. Financial institutions are able to browse vendors, employees, reports, and documents, allowing them to make well-informed decisions. The Vendor Compliance Plus system is easy to use, with a quick and cost-effective way to locate information about any vendor at any time. COMPETITIVE ADVANTAGE: Vendor Compliance Plus was implemented to assist in eliminating those issues that could have a negative impact on your company, revenue, reputation and to close any gaps leaving you exposed to legal liability in regard to your contracts with repossession company service providers. Vendors are inspected on an annual basis. We perform comprehensive screenings of current and potential service providers, consisting of an initial onsite inspection. VCP performs mandatory criminal background check on all the principals and/or owners along with background checks on all employees as an option. Vendor Compliance Plus confirms and monitors the company's insurance and licenses in states required. Addition to the following checks: » Mandatory criminal background check of all principals or owners and business entities » Optional criminal background check on all company employees » Verification of company licensing if required by the state they operate in » Verification of employee FDCPA agent certification completion course » Verification and monitoring of required insurance and bonding » Monitoring of employees » Company bankruptcies and lawsuits background check » Professional on-site office inspections including a compliance questionnaire interview » Verification of company set up in the state of operation » Verification of company articles of incorporation » Our proactive approach exemplifies our commitment in providing the mortgage field service/preservation industry the best in class field agent network in the marketplace. "It's that kind of investment in compliance that was sorely lacking in the response to the financial crisis . . . Business as usual has ended in mortgage servicing. Groundhog Day is over."

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