United Mortgage is a mortgage company based in Fayetteville, North Carolina. The main objective is to offer mortgage financing to the community. Eighty percent of United's mortgage loans are government loans extended to Fort Bragg Army Station, North Carolina. United Mortgage is a small mortgage company. Focus on offering VA financing to Fort Bragg Soldier, First Home Buyer, Second Home and Investment Mortgage Loan. . Pine Valley Mortgage offers several programs to meet customer needs. The main goal is to offer the lowest fixed rate and personal services that the home buyer deserves. Build lasting relationships with current and past customers. How we measure risk from one buyer to another depends on your credit, debt-to-income ratio, job stability, ability to have savings, any prior bankruptcies, foreclosures or judgments. By being careful, we avoid and prevent a possible foreclosure in advance. We recommend preventative solutions that incorporate risk mitigation. The best tool is to open communication channels with employees and communicate and keep up to date with the new regulation and guidelines related to mortgage financing. 2) Any discrimination in the provision of credit because of race, color, religion, age is considered a violation. There are 3 control categories in relation to risk. 1) Preventive Control: It can reduce the risk that United Mortgage may encounter. In order to prevent mortgage fraud, United Mortgage has a new policy that requires every single home buyer to sign a 4506T (tax transcript) for the purpose of reviewing their tax return before submitting it to the underwriter. If fraud is committed, United Mortgage prefers to stop the practice before it reaches the underwriter's hands and affects the business relationships and good name of the company and files charges against the person who violated the law. The preventive control eliminates and reduces the risk of being involved in mortgage fraud scandals. 2) Once the risk has been identified, the Detective Controls intervene in the matter. Provide mortgage fraud training. How to Identify Mortgage Fraud. 3) Corrective controls are used to mitigate and correct the problem in this situation to educate the loan officer on how to identify mortgage fraud. Pine Valley Mortgage must implement certain objectives. The company is periodically audited by the Banking Commission to ensure that RESPA guidelines are met. Make sure the appropriate form is disclosed and signed by the home buyers. In case of violation, United Mortgage will receive a report, i.e. contact the branch manager with the intention that in the second review United Mortgage improves the weakness.