Why SCP Is the Key to Broker Success

Running a mortgage brokerage is no small feat. Between serving clients, growing your business, and keeping up with ever-changing regulations, it’s easy to feel like you’re constantly playing catch-up. That’s where Strategic Compliance Partners (SCP) comes in. We’re not just here to help—we’re here to transform how you handle compliance and licensing, so you can focus on what you do best: building your business.

From Humble Beginnings to Industry Leaders

Establish Marketing Strategies

SCP started with a simple mission: provide compliance support to mortgage lenders and brokers. But as we worked with more and more brokers, one thing became clear: the industry desperately needed an affordable, scalable compliance solution. So, we created one.

As we grew, we noticed many brokers coming to us weren’t just struggling with compliance. They needed help getting licensed and navigating the complexities of starting their businesses. That’s when we added licensing to our lineup of services, making us a one-stop shop for brokers at every stage of their journey.

Fast forward to today, and we’ve expanded our offerings to include everything from Compliance Essentials for new brokers to Compliance Outsource, a powerhouse service that combines business management and compliance support. With Compliance Outsource, brokers can step away from daily upkeep and focus on growing their client base while we handle the rest.

Why Brokers Choose SCP

Business Operations

It’s no accident that SCP is the go-to compliance provider for mortgage brokers across the country. Here are just a few reasons why:

  • End-to-End Licensing Support: Starting a brokerage? We make the licensing process seamless, so you can hit the ground running.
  • Compliance Essentials for New Brokers: Perfect for those just getting started, this service ensures you stay compliant without breaking the bank.
  • Compliance Outsource for Growing Brokers: Let us manage the nitty-gritty of compliance and business operations, so you can focus on scaling your brokerage.
  • Compliance Premium for In Between: Everything Essentials has to offer plus MCR Filings, NMLS Reportings, Renewals, Financial Condition Reporting, etc.
  • Audit Preparation and Support: Worried about an audit? Don’t be. We’ll make sure you’re ready for anything the CFPB throws your way.
  • Industry Partnerships: We are a proud partner with NAMB and have been awarded Service Partners of the year for Compliance 2 years in a row.

Pro Tip: Compliance Is the Key to Longevity

 

Pro Tip: Don’t wait until you’re in trouble to think about compliance. Building a strong compliance foundation early on not only protects your business but also sets you up for long-term success. With SCP by your side, you’ll never have to face these challenges alone.

The Numbers Speak for Themselves

File Your Mortgage Call Reports Timely

  • 80% of new brokers struggle with licensing requirements, leading to costly delays. SCP’s licensing service ensures you get it right the first time.
  • 30% of brokers miss critical deadlines like annual NMLS renewals, putting their businesses at risk. With Compliance Outsource, we keep you on track.
  • The CFPB conducted over 1,000 audits in 2023, with many brokers caught off guard. SCP ensures you’re always audit-ready.

Let’s Build Your Brokerage Together

Mastering Mortgage Brokerage Compliance

Whether you’re just starting out, scaling up, or navigating a tough audit, SCP has the expertise and solutions to help your brokerage thrive. Ready to see what we can do for you?

Check out our website for more information, or give us a call at 301.578.6015 to chat about how we can support your business. Let’s take your brokerage to the next level—together.

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About Ari Karen

Ari Karen is an experienced litigator who has focused his practice in representing financial institutions in both government investigations and litigation before state and federal trial and appellate courts nationwide. Mr. Karen’s practice is diverse, representing clients on matters concerning banking regulations, Dodd Frank financial reform laws, contractual disputes, employment and labor statutes, wage-hour class actions, employment discrimination and fair lending matters, whistleblower complaints and non-competition claims, among others.

Mr. Karen speaks regularly on topics affecting all types of lenders including fair lending and disparate impact, LO compensation, marketing service agreements, compliance with social media, non QM lending, vendor management, and much more. Mr. Karen is a principal in the Financial Institutions Regulatory and Labor and Employment practice groups of the Offit Kurman law firm.