Lunch & Learn: Are appraisals the next big opportunity in mortgage fulfillment?

This Lunch & Learn for mortgage lenders will explore the evolution of the appraisal process as well as opportunities for innovation.

Rohit Chopra pleads the fifth on QM rule

Consumer Financial Protection Bureau Director Rohit Chopra, in his first report to Congress, answered for decisions made by his predecessor, and provided some indication of his priorities going forward.

How servicers can access timely, accurate data insights

Learn how to navigate the challenges in today’s market – for example, the need for ongoing, on-demand access to near-real-time data and the ability to access those data insights in a timely and accurate manner. 

Which core segments of brokerage make the most money

Today’s HousingWire Daily is a RealTrending crossover episode. It features Tracey Velt, editorial director at HW Media Company RealTrends, who interviews Chris Kelly and Christian Wallace.

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Why mortgage companies must focus on cybersecurity

Mortgage companies and financial firms must focus on educating employees and alerting authorities to avoid or mitigate cyber attacks.

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Mortgage companies must focus on bolstering cybersecurity infrastructure, and should report any and all incursions from bad actors who seek access to sensitive information or who plan to encrypt systems to hold for ransom.

This was a core part of the thesis presented by Selim Aissi, cybersecurity expert and former CISO of ICE Mortgage Technologies (formerly Ellie Mae) during a keynote session at HW Annual in Frisco, Texas this week.

Ransomware attacks – in which a bad actor gains access to a target individual or organization’s digital systems, then encrypts them, and sells the decryption key back to the victim for a price – have grown significantly more sophisticated over the past several years.

This has led to a wider gamut of bad actors – including more “traditional” criminals, such as members of organized crime – to get involved in cybercrime.

Total losses from cybercrime exceeded $4.2 billion in 2020, Aissi explained. The most common forms of cybercrime in 2020 included phishing incursions, business email compromise (BEC) and ransomware, which has extended into 2021.

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