The Mortgage Bankers Association’s Risk Management, QA and Fraud Prevention Forum, taking place through MBA Live Sept. 28-29, is the largest annual event for mortgage professionals in the risk, quality …
Tag: Risk Management

Chris Joles: Collaboration in Risk
Today’s financial services risk managers face two recurring issues. First, our work makes some people feel defensive; and second, we have to analyze complex business lines and correctly identify the right issues to focus upon.

Leading During Turbulent Times (MBA LIVE)
Risk managers face many challenges during this turbulent time, but the mortgage industry has largely been successful in weathering this pandemic, panelists said Wednesday during the MBA Live Risk Management, QA and Fraud Prevention Forum.

Longer-Term Challenges to Multifamily Risk Outlook Emerge
The multifamily sector made it through the first half of the year with less turmoil as some anticipated. But the pandemic could create longer-term challenges for the sector, said Phoenix American, San Rafael, Calif.

Jennifer Henry: In an Uncertain Market, Servicers Are Leveraging Data, Technology to Drive Efficiency
While the falling home loan rates mean a booming business for the mortgage industry and a sign the housing market may help the U.S. economy avoid a true recession, it could also pose a challenge for those trying to process the influx of applications and requests. The digital mortgage servicing journey must focus on streamlining the process through technology and data-enabled solutions.

Wolters Kluwer: ‘Substantial Risk, Compliance Concerns’ Remain for U.S. Lenders
Wolters Kluwer, Minneapolis, issued its 2019 Regulatory & Risk Management Indicator, which noted despite a 10-point improvement from 2018, “notable” regulatory compliance and risk challenges remain high in a number of key areas for U.S. banks and credit unions.

Jane Mason of Clarifire on Natural Disaster Planning and Mortgage Servicing Compliance
Jane Mason, CEO and founder of Clarifire, St. Petersburg, Fla., brings process capabilities to businesses in multiple industries, particularly mortgage servicing.