With additional regulatory changes expected in the mortgage banking industry, Orlando-Florida-based Integrated Mortgage Solutions (IMS) has named Kathy Sutton
to the position of risk and compliance officer. IMS provides solutions to the mortgage servicing industry that will allow them to help companies maintain properties and reduce expenses related to property repairs, inspections and preservation.
Sutton, who formerly maintained compliance standards at Richmond, Virginia-based LandAmerica Financial Group, will help IMS by making sure the company remains in compliance with SAS 70 audit requirements. In addition, Sutton will insure the company remains aware and actively involved in understanding and monitoring new legislation and compliance standards.
“Kathy’s proven expertise in legal matters specific to the financial industry further enables IMS to offer our clients risk management and compliance guidance,” said Cheryl Lang, president of IMS. “Our customers demand solutions that enable them to keep pace with changing industry legislation and compliance regulations, and Kathy’s addition to our company accelerates this process.”
Author: Kerri Panchuk
• Date: 01/27/2008