The Federal Housing Administration posted a new draft Mortgagee Letter: Revised Cyber Incident Reporting Requirements on its Single-Family Housing Drafting Table. It provides updated requirements for when FHA-approved mortgagees must notify the Department of Housing and Urban Development when a reportable cyber incident occurs.
Tag: Cybersecurity

Cybersecurity Panelists Talk Trends, AI, Best Practices
NEW ORLEANS–“I guarantee we’re going to scare some people. And if you’re not scared when we leave, you weren’t paying attention,” promised Brett Adams, Senior Vice President & Managing Director, Servicing, Berkadia, on a panel about guarding against cybercrime May 20.

(#MBALive) Cybersecurity in a Remote-Work Environment
Security worries have grown as more people work remotely due to the pandemic, so it is more important than ever to consider security considerations for the teleworking environment.

#MBAServicing2020: Ransomware and Cybersecurity—Understanding the Threats
ORLANDO—Rick Hill, Vice President of Industry Technology with the Mortgage Bankers Association, worries about the vulnerability of the mortgage industry.