{"id":50447,"date":"2026-05-18T18:19:41","date_gmt":"2026-05-18T15:19:41","guid":{"rendered":"https:\/\/mk.gen.tr\/brody-gapp-launches-mortgage-ai-governance-audit\/"},"modified":"2026-05-18T18:19:41","modified_gmt":"2026-05-18T15:19:41","slug":"brody-gapp-launches-mortgage-ai-governance-audit","status":"publish","type":"post","link":"https:\/\/mk.gen.tr\/en\/brody-gapp-launches-mortgage-ai-governance-audit\/","title":{"rendered":"Brody Gapp launches mortgage AI governance audit"},"content":{"rendered":"

Brody Gapp LLP<\/strong> launched a mortgage AI governance audit practice and set a third-quarter 2026 publication date for \u201cThe Mortgage Bankers AI Governance Guide,\u201d the firm announced Friday in conjunction with the Mortgage Bankers Association<\/strong> (MBA<\/a>)\u2019s Secondary & Capital Markets Conference in New York.<\/p>\n

The national mortgage banking compliance<\/a>, litigation and AI governance law firm said its new practice is designed to test how well lenders and vendors can defend their use of artificial intelligence<\/a> across the mortgage life cycle as regulatory and investor expectations around AI solidify.<\/p>\n

Seattle-based Friday Harbor<\/a> <\/strong>is the first mortgage technology provider to complete Brody Gapp<\/a>\u2019s Limited Attestation, according to the announcement.<\/p>\n

The engagement was initiated by Friday Harbor before any regulatory requirement and evaluated the platform across fair lending<\/a>, adverse action under Regulation B \u00a71002.9, model governance, vendor risk management, data governance, internal controls and examination readiness.<\/p>\n

The timing tracks with new AI oversight obligations for mortgage lenders.<\/p>\n

\u201cOn one side, binding AI governance requirements are already in effect at Freddie Mac<\/strong>, with Fannie Mae<\/strong>\u2019s own set of requirements coming online in August. On the other, very few lenders are positioned to produce defensible governance files today,\u201d James W. Brody<\/a>, managing partner at Brody Gapp, said in a statement.<\/p>\n

\u201cFriday Harbor stepped forward as an early example for the benefit of their lender customers and the industry before any regulator forced the question.\u201d<\/p>\n

\u201cThe Mortgage Bankers AI Governance Guide\u201d was conceived by Brody and co-authored with founding partner Ronald Gapp Jr. The firm describes it as a practitioner reference mapped to a fictional independent mortgage bank<\/a> that details every material AI deployment, the governance issues that can arise, and how to make the deployments defensible.<\/p>\n

The guide includes tailored guidance for CEOs, general counsels, compliance officers, human resources, secondary marketing and other functions.<\/p>\n

\u201cWe built the Guide around what a compliance committee needs to produce when a demand letter, an examination request, a QC self-report, or a discovery production lands,\u201d said Gapp, a former general counsel and chief operating officer of a national multichannel lender. Reservations for the guide are now available at brodygapp.com, with publication slated for the third quarter of 2026.<\/p>\n

The audit practice was developed with Marvin Chang, who serves as the firm\u2019s senior fintech and AI advisor. Chang is an executive in residence for the fintech program at Duke University\u2019s Pratt School of Engineering and previously led Caliber Home Loans\u2019<\/strong> digital transformation.<\/p>\n

This article was generated using HousingWire Automation and reviewed by a HousingWire editor before publication. The system helps convert company announcements and industry data into HousingWire-style news coverage.<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Brody Gapp LLP launched a mortgage AI governance audit practice and set a third-quarter 2026 publication date for \u201cThe Mortgage Bankers AI Governance Guide,\u201d the firm announced Friday in conjunction with the Mortgage Bankers Association (MBA)\u2019s Secondary & Capital Markets Conference in New York. The national mortgage banking compliance, litigation and AI governance law firm…<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/posts\/50447"}],"collection":[{"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/comments?post=50447"}],"version-history":[{"count":0,"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/posts\/50447\/revisions"}],"wp:attachment":[{"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/media?parent=50447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/categories?post=50447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mk.gen.tr\/en\/wp-json\/wp\/v2\/tags?post=50447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}