Agreement Addendum – V1.0Agreement Addendum • May 14th, 2019
Contract Type FiledMay 14th, 2019As you may be aware, clients of Mortgage Connect (“MC”) are subject to the jurisdiction of federal and state governmental agencies with the power to regulate and oversee their mortgage lending, servicing and related activities. With our clients being subject to this supervision, they often find themselves obligated to comply and participate with periodic audits and examinations. On occasion, MC is asked by its clients to assist in these audits and examinations which in large part require our clients to demonstrate it has the appropriate policies, procedures and controls in place at not only the client level, but also with its service providers (i.e. MC and its third party agents and contractors). As such, MC anticipates being asked by its clients to provide information regarding your (“Vendor”) policies, procedures and controls in fulfilling orders for MC. In consideration of being an approved Vendor for MC, Vendor agrees to the following representations, some of which you may have pre