Richey May

The SEC’s 2025 Examination Priorities bring new focus areas for fund managers, from artificial intelligence in advisory operations to private fund fee transparency. Get the full breakdown and insights here: https://lnkd.in/ezgB_qzm

Richey May is excited to have Michael Nouguier and Alex Brown share their expertise with the Conference of State Bank Supervisors (CSBS). In their session, “Risk by Association: Navigating the Cybersecurity Challenges of Third-Party Partnerships,” they’ll educate industry leaders on why simply securing your own IT and infrastructure isn't enough. With over 88% of organizations utilizing third-party cloud services in one way or another, asking the right questions to protect your data is more important than ever. We're proud to lead the way in protecting data, shaping standards, and building trust across our industry.

The numbers are in! The Q3 RM Select Snapshot highlights key trends in IMB production volumes, secondary margins, and servicing portfolio values. Compare your performance with industry peers and make confident, data-backed decisions with RM Select. Explore the full Q3 Snapshot here: https://lnkd.in/eCeNtE6X

October was a month full of record-setting trends for IMBs: monthly funded volume was up 19% over September; funded refi mix increased by 5% month over month for a total refi mix to 20%, which is still well below the historical industry average; despite the increase in refi’s, average loan amounts continue to increase – a trend we’ve seen throughout the year; October locks set a record high, up 18% month over month, largely due to FHA locks; and this industry optimism is allowing lenders to start hiring for sales and operations roles. All good things! Are you curious how your company’s performance compares to these industry trends or better yet – your peers? Contact Richey May’s Director of Data Analytics, Tyler House, CPA, to learn more.

Join us on December 3rd or 4th for a Virtual Benchmarking Forum exclusively for leaders in mortgage lending. We’ll be addressing the continued rise in loan origination costs, and will discuss current trends as well as strategies for minimizing risk while continuing to stay competitive. Comment below, send us a message, or reach out to Tyler House, CPA for more information or to sign up!

With the mortgage industry facing an ever-growing list of compliance requirements and security challenges, System and Organizational Controls (SOC) reports have emerged as a critical tool for demonstrating a service organization's commitment to robust internal controls and data security. But how do you know which SOC Report fits your needs? We’ve got you covered. Click here to read our latest blog, where you’ll learn the difference between SOC 1 and SOC 2, how proactive SOC compliance can set you apart in today’s market, and much more: https://lnkd.in/eNPC7w7B

Ever wonder why internal audits are so important for mortgage companies? Or how they can improve your operations and team morale? We’ve got answers! Join Richey May’s Mignonne Davis, MBA, CIA and Cassidy Timm, CPA for our latest episode of The Internal Audit Insight as they explore the strategic benefits of an internal audit for mortgage companies. From stronger compliance and improved efficiency to enhanced credibility. Internal audits are a strategic investment in your company’s growth and reputation. Learn more here: https://lnkd.in/ehZjiusA

As Cybersecurity Awareness Month comes to an end, it's important to remember that protecting your business from cyber threats is an ongoing effort. From implementing frontline defenses to educating employees about recognizing potential intruders, we've covered many proactive measures you can implement to enhance your organization's cybersecurity. Who ya gonna call when your security program needs support? Contact the Richey May cyber experts to stay safe year-round. #CybersecurityAwarenessMonth #RicheyMayCyber #SecureOurWorld

As digital threats emerge like shadows in the night, cybersecurity teams must be as vigilant and eccentric as the Addams Family. Like Wednesday Addams is drawn to the creepy and kooky, in a tabletop assessment your cybersecurity team will explore the dark corners of potential cyber incident. So, gather around the table, dim the lights, and prepare to embrace what you find through tabletop assessments to ultimately improve your security posture. #CybersecurityAwarenessMonth #RicheyMayCyber #SecureOurWorld

In the creepy corners of every organization, where digital monsters lurk in every shadow, the residents have learned to prepare for anything. Much like the kids in the "Goosebumps" series, they've created two robust plans to protect themselves: the Incident Response Plan (IRP) and the Business Continuity Plan (BCP). While they may serve different purposes, they work together and create resilience capable of handling and quickly recovering from various types of incidents, and the monsters of the cyberworld. #CybersecurityAwarenessMonth #RicheyMayCyber #SecureOurWorld