MBA Education and MISMO hold a timely webinar, Timeline and Updates for FHFA Credit Scoring Changes, on Monday, May 1 from 1:30-2:30 p.m. ET.
Tag: Rick Hill
FHFA Announces Process for Implementing New Credit Score Requirements; MBA Encourages Members to Complete Survey
The Federal Housing Finance Agency recently requested stakeholder input as Fannie Mae and Freddie Mac replace the Classic FICO credit score model with the FICO 10T and the VantageScore 4.0 credit score models, and transition from requiring three credit reports to requiring two credit reports for single-family loan acquisitions.
#MBASecondary22: Cyber Crimes: How to Protect Your Company
NEW YORK—With fraud, data hacks and ransomware on the rise, cyber crime is a more visible threat to financial services companies.
Regulators, MBA Urge Cybersecurity Vigilance as Worldwide Tensions Escalate
As the Russian invasion of Ukraine escalates and governments worldwide impose economic sanctions, financial regulators have begun to issue guidance in anticipation of potentially heightened cybersecurity attacks and virtual currency disruptions.
Call for Nominations: MBA NewsLink 2021 Tech All-Star Awards; Deadline Jan. 29
The Mortgage Bankers Association is accepting nominations for the MBA NewsLink 2021 Tech All-Star Awards. Nominations will be accepted through Friday, Jan. 29.
#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.
Amid Rapid Change, MISMO Adapts
With mortgage technology changing in the blink of an eye, MISMO, the Mortgage Industry Standards Maintenance Organization, is changing as well.
SEC to Examine Disclosure Requirements for RMBS
Securities and Exchange Commission Jay Clayton last week issued a statement instructing SEC staff to review the Commission’s residential mortgage-backed securities asset-level disclosure requirements with an eye toward facilitating more SEC-registered offerings.
MBA Releases New White Paper: The Basic Components of an Information Security Program
The Mortgage Bankers Association released a new white paper, The Basic Components of an Information Security Program, which provides an overview of current information security risks that affect the mortgage industry, as well as explanations of basic components of an information security program intended to help manage those risks.
FundingShield Receives MISMO Software Certification for Wire Fraud Prevention Technology
MISMO®, the mortgage industry standards organization, recognized FundingShield, an industry leading innovator within the mortgage fintech industry, with its Premiere Level Certification for their wire fraud prevention software. The Premiere Level Certification is the highest-level certification available by MISMO.