Ruth Price is a Compliance Ops Advisor and member of Compliability Solutions’ Financial Services Advisory and Compliance segment. She has devoted more than 38 years to the mortgage industry and is highly skilled in the operations and compliance functions of originations and servicing related to specific mortgage products and all loan types.
Most recently Ruth served as a Senior Leader at Essex Mortgage building out the Default Team including Loss Mitigation, Pre-Foreclosure, Foreclosure, Post Foreclosure, Property Preservation, Default Reporting, Claims and REO. She also stood up the compliance management system for the servicing team which included implementing regulatory and process change management, policies and procedures, issues management and quality assurance testing.
Prior roles include eight years as Senior Vice President at Mr. Cooper and Community Loan Servicing where she managed a team of compliance professionals in executing Community’s compliance management systems comprised of written policies and procedures, regulatory and process change management, issues management, audit facilitation, and regulatory complaint review. She further managed the Customer Support team including intake of customer correspondence and written response to notice of error and requests for information. At Community Loan Servicing, she became NMLS licensed and has worked with loan origination matters and the originations side of the business.
Ruth spent six years at Saxon Mortgage Services/Morgan Stanley as VP of Compliance, 10 years at EMC Mortgage Corp/Bear Stearns as AVP of Compliance and 10 years at BancPlus Mortgage as a Default Leader.
She is active in the mortgage industry, a successful leader of people, processes and technology which will support Compliability Solutions in assisting our clients to grow and succeed.
Industry: Financial Services
Solutions: Origination, Servicing and Specialty Servicing (e.g., Federal and State Audits, Consent Orders etc.), Regulatory Intel, Risk Assessment, Process Improvement, Root Cause Analysis
