Compliance
CFPB Releases Loss Mitigation Principle
Document outlines their principles to provide a framework for discussion about the future of loss mitigation.
Anthem
Compliance Center: FFIEC Joint Statements on Risk Mitigation and NFIP Program Changes
Important cyber-security statements; your question answered on the SAFE Act de minimus exception; plus this week’s legal briefs.
CFPB Releases Report on Mortgage Servicing Problems
A CFPB report details mortgage servicing problems at banks and other institutions. Many of the issues the report uncovers are harmful to consumers.
NCUA Issues Risk Alert Concerning the Mitigation of DDoS Attacks
A risk alert issued recently by the NCUA provides credit unions with guidance and steps to follow to mitigate distributed denial-of-service (DDoS) attacks.