The FDIC just issued a Threat Spotlight Special Alert as part of their Division of Risk Management Supervision (RMS) / Cyber Fraud and Financial Crimes Section. It included a warning…
Borrower Insurance tracking sits at the intersection of borrower experience, collateral protection / enterprise risk, and regulatory compliance. When not designed with all three in mind, the result is a…
HUB Financial Services will host a focused 60-minute webinar examining what compliance and review experts are finding inside private flood policies, and what that means for lenders making acceptance decisions….
VSI (also referred to as LSI) is an acronym for Vendor Single Interest insurance (or Lender’s Single Interest Insurance insurance). When lenders ask us, “What is VSI?”, we focus on…
Mortgage rates remain a central concern for lenders heading into 2026. While many expected meaningful relief following Federal Reserve rate cuts, broader market forces suggest rates may remain elevated longer…
Understand how fraud prevention in financial institutions must balance protecting customers and honoring their right to access their own funds.
Author: Debra McManigle The rapid evolution of cyberattacks – ranging from ransomware and phishing schemes to sophisticated data breaches – has elevated the importance of robust risk management strategies for…
Author: Debra McManigle I thought I would share the following recent claim story. Depending on what carrier an institution is with, it can determine if there is a potential for…
Tellers should be trained to be wary of individuals that attempt to distract them or convince them to make exceptions so that they can pass ad checks.
Whether there is insurance coverage or not, financial institutions should examine their procedures to be sure that controls are in place to avoid similar losses.