![\"Dovenmuehle](\"https:\/\/www.send2press.com\/wire\/images\/23-0321-s2p-dovenmuehle-800x600.jpg\")
Image Caption: Dovenmuehle Mortgage.<\/em><\/p>\n
\u201cDovenmuehle is firmly committed to protecting borrowers\u2019 sensitive data and ensuring compliance with the complex regulatory standards to mitigate risk on behalf of our clients. By voluntarily undergoing these rigorous SOC reviews, we can provide our clients with clear proof of the integrity and security of our operations and reporting,\u201d said Dovenmuehle Senior Vice President of Business Development David Allison.<\/p>\n
The SOC 1 Type 2 report covers Dovenmuehle\u2019s internal controls related to financial reporting and provides clients assurance that their financial information is being handled safely and securely. The SOC 2 Type 2 report examines the security, availability and confidentiality relevant to the company\u2019s subservicing operations, demonstrating how Dovenmuehle\u2019s information security measures align with evolving data protection requirements.<\/p>\n
Specifically, the SOC 2 report analyzes Dovenmuehle\u2019s internal controls relevant to:<\/p>\n
- \n
- Security \u2013 The system is protected against unauthorized access.<\/li>\n
- Availability \u2013 The system is available for operation and used as committed or agreed.<\/li>\n
- Processing integrity \u2013 System processing is complete, valid, accurate, timely and authorized.<\/li>\n
- Confidentiality \u2013 Information designated as confidential is protected as committed or agreed.<\/li>\n
- Privacy \u2013 Personal information is collected, used, retained, disclosed and destroyed in accordance with the organization\u2019s privacy notice.<\/li>\n<\/ul>\n
The reports are now available to all Dovenmuehle clients via DMIConnect under the \u201cDMI Corporate Documents\u201d tab or by request to the client\u2019s Account Manager.<\/p>\n
About Dovenmuehle:<\/strong><\/p>\n
Founded in 1844, Dovenmuehle (Lake Zurich, Ill.) is a mortgage subservicer for commercial banks, credit unions, independent mortgage lenders, MSR investors and state housing finance agencies nationwide. The company subservices portfolio loans, as well as loans sold to Fannie Mae, Freddie Mac, Ginnie Mae and the Federal Home Loan Bank with servicing retained. Using a combination of best-in-class and proprietary technology, Dovenmuehle helps lenders reduce servicing costs and deliver consistently high levels of service to homeowners while maintaining compliance with investor and regulatory requirements.<\/p>\n