Seth Appleton, president of MISMO®, issued the following statement in support of Ginnie Mae’s recent announcement regarding updates and enhancements to its Digital Collateral Program and eGuide:
Tag: Ginnie Mae Digital Collateral Guide
MBA Advocacy Update
On December 23, MBA sent a letter to Ginnie Mae offering recommendations on how the agency can improve its upcoming Digital Collateral Guide. Last week, the U.S. Department of Homeland Security and the New York Department of Financial Services both issued warnings alerting companies to potential cybersecurity risks. And on December 20, the Georgia Department of Banking and Finance finalized rules regarding mortgage loan originator temporary authority.