Independent Audit Verifies American Financial Resources’ Internal Controls and Processes
Parsippany, NJ – American Financial Resources, a full-service mortgage lender, today announced that it has successfully completed its SOC 2 Type II audit. This attestation provides evidence that American Financial Resources has a strong commitment to deliver high quality services to its clients by demonstrating they have the necessary internal controls and processes in place.
SOC 2 engagements are based on the AICPA’s Trust Services Criteria. SOC 2 service auditor reports focus on a service organization’s non-financial reporting controls as they relate to security, availability, processing integrity, confidentiality, and privacy of a system. KirkpatrickPrice’s service auditor report verifies the suitability of the design and operating effectiveness of American Financial Resources’ controls to meet the standards for these criteria.
“For the last 20 years, our industry success has been built upon the trust and confidence of our customers, clients and suppliers.” said Bill Packer, executive vice president and chief operating officer, American Financial Resources. “This attestation is independent validation and further proof of our ongoing commitment to hold ourselves to the highest of industry standards, which enable us to provide best-in-class service to all those we serve.”
“The SOC 2 audit is based on the Trust Services Criteria. American Financial Resources has selected the security and availability categories for the basis of their audit,” said Joseph Kirkpatrick, President of KirkpatrickPrice. “American Financial Resources delivers trust-based services to their clients, and by communicating the results of this audit, their clients can be assured of their reliance on American Financial Resources’ controls.”
About American Financial Resources
American Financial Resources, Inc. (AFR), the leading FHA 203(k) lender for sponsored originations in the country and an innovator in the construction and renovation lending area, is ranked among the nation’s leading mortgage lenders. AFR utilizes the latest technology and delivers educational resources to mortgage brokers, loan originators and their customers. For more information, visit www.afrcorp.com.
KirkpatrickPrice is a licensed CPA firm, PCI QSA, and a HITRUST CSF Assessor, registered with the PCAOB, providing assurance services to over 800 clients in more than 48 states, Canada, Asia, and Europe. The firm has more than a decade of experience in information security and compliance assurance by performing assessments, audits, and tests that strengthen information security and internal controls. KirkpatrickPrice most commonly provides advice on SOC 1, SOC 2, PCI DSS, HIPAA, HITRUST CSF, GDPR, ISO 27001, FISMA, and CFPB frameworks. For more information, visit www.kirkpatrickprice.com, follow KirkpatrickPrice on Twitter (@KPAudit), or connect with KirkpatrickPrice on LinkedIn.