1. Planning Regulatory
Compliance
A 9-Step Process to Implementing
Mortgage Lending Regulatory
Changes
Prepared by
Edward A. Haskin
Financial Services
Project Manager

2. Scope Planning
 What is the New Requirement?
 Licensing Provisions
 Review Regulation
 Review Summaries/Opinions
 Define Scope
◦ Clarify the boundaries of the requirement
by identifying the inclusions and
exclusions so all parties are clear about
the limits.

3. Develop Activity List
Task Breakdown
Task Description
HR Needs
Task Duration

4. Schedule Development
 Implementation Date
 Task Sequencing
 Task Duration Estimating
 Task Dependencies
 Testing
 Risk Planning Outputs

5. Costs Involved
 Personnel
 IT
 Training
 Cost Estimation
 Cost Budgeting

6. Quality Planning
 Checklists
 Testing/Audits
 Process Control Charting
 Process Improvement Plan

7. Human Resource Planning
 Roles and Reporting Relationships
 Staffing Plan
 Position Descriptions
 Outsourcing???

8. Communications Planning
 Whom Do You Communicate With
 Proposed Changes
 Stakeholder Communication
 Communication Methods
◦ Memo, Email, In-Person Presentations
 Information Distribution
 Performance Reporting

9. Risk Planning
 Risk Identification
◦ Internal
◦ External
◦ Technical
 Risk Analysis
 Risk Response

10. Contract Planning
 Forms
 LOS System
 HMDA
 Outside IT

11. End Product
 Management Plan of the
Implementation for the new
Requirement
 Use as Baseline for Execution and
Control.
 Close Implementation
 Lessons Learned
 Transfer of Knowledge to Next New
Requirement