The Oklahoma Examination comes in two parts: 1.) A general questionnaire and 2.) an IT Security Questionnaire.
The General examination questionnaire can seem a little daunting because it addresses "covered transactions," which at first glance seem like nuanced loans that do not appear often in today's mortgage industry. However, further reading clarifies that the questionnaire applies to virtually all non-investment property loans.
1.) The General Examination is divided into "modules" to help the company focus the responses in specific areas. However, the first section—Module 1-1—literally just says, "Provide ALL policies and procedures." These policies and procedures Serve as the basis for those items requested later in the examination.
When assisting customers in the examination, we do not refer back to all policies and procedures, since the examiners make specific requests for additional policies and procedures later. To expedite the examiner's review and save effort and confusion, it is best to respond by providing the items requested in line with the request. You see that we have named the document we are providing in accordance with the examination request.
From this point, it is relatively straightforward to pull the items from the "All Policies" documents as printed PDF sections, name them according to the request, and forward them to the examiner.
The IT Security Questionnaire does not require the preparation of policies and procedures, however