May 24, 2019
You've got your hands full. Your third-party risk management team is struggling to keep up with the volume of work, more so than ever now, as there is such a regulatory emphasis on the ongoing monitoring nature or lifecycle approach to vendor risk management.
Larry Leon is Vice President with SLK Global, Chicago. His financial industry experience include business development, sales, customer relation management, market research and lead generation. Founded in 2001, SLK Global Solutions is a business process transformation enterprise offering technology products for the banking, mortgage lending and insurance industry. It offers origination and servicing support for residential and commercial mortgage lending.
In search for yield and a vote of confidence in the assets, investors have pulled commercial mortgage-backed securities credit spreads lower in recent years.
The Mortgage Bankers Association's latest Washington Update features MBA Associate Vice President of Legislative and Political Affairs Dan Grattan, who discusses FHA revisions to its certification and defect taxonomy; House passage of a four-month extension of the National Flood Insurance Program; and House committee work on legislation addressing VA loan "churning."
Eight mortgage servicers earned the MBA Education Certified Commercial Mortgage Servicer (CCMS) designation at the recent Mortgage Bankers Association CREF Servicing and Technology Conference in Los Angeles.
Mortgage Bankers Association Associate Vice President of Industry and Economic Forecasting Joel Kan breaks down the MBA Weekly Applications Survey for the week ending May 10.
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 180 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries.
MBA President and CEO Robert Broeksmit, CMB, joined MBANow's Rob Van Raaphorst to discuss MBA efforts to move the chains on GSE reform.
Making sense of the service provider market across the end-to-end mortgage ecosystem is a full-time job. There are at least 80 different kinds of vendor categories and thousands upon thousands of vendors within. Plus, they come and go, have affiliates, form joint ventures, merge, re-brand themselves and make other moves, making it as if some hungry beast was eating the bread crumb trail we continually plot out. It is easy to lose your bearings if not relentlessly paying attention.