Remend to Present Data Security Strategies at CMBA Western States Loan Servicing Conference.SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif. -- Remend Inc., the first in on-demand mortgage servicing Mortgage servicing The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default , involved with a mortgage loan. solutions, today announced that Don Morrison For the football player of the same name see Don Morrison (football player). Don Morrison (born July 14, 1924 in Saskatoon, Saskatchewan - died January 25 2001) - is a retired professional ice hockey player who played 112 games in the National Hockey League. , Remend CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , will join other industry experts to discuss strategies for ensuring data security in highly regulated industries, such as the mortgage servicing sector. The panel discussion is part of the California Mortgage Banker's Association (CMBA CMBA California Mortgage Bankers Association CMBA Certified Master of Business Administration CMBA Classic Motor Boat Association (of Great Britain) CMBA Crestone Moffat Business Association (Colorado) ) 12th Annual Western States Loan Servicing Loan servicing is the process by which a mortgage bank or subservicing firm collects the timely payment of interest and principal from borrowers. The level of service varies depending on the type loan and the terms negotiated between the firm and the investor seeking their services. Conference being held August 5-7, 2007 at the Bellagio Hotel in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , N.V.
Panel: Data Security in Regulated
Industries
Date: Monday, August 6, 2007
Time: 3:30 - 5:00 p.m.
Place: Bellagio Hotel, Las Vegas, N.V.
Data Security in Regulated Industries - Minimizing Cost and Complexity Five data security breaches reported March-July 2007 accounted for more than 48.5 million personal and financial records being compromised - and for one firm, resulted in regulatory fines of $15 million. Even companies that avoid government penalties face the costs of consumer notifications and, in some cases, lawsuits. Morrison will review the areas of data vulnerability that firms need to address, the strict governmental demands on highly regulated industries such as mortgage servicing, and best practices for ensuring data security. He will also discuss technology approaches for protecting data while minimizing the cost and complexity of compliance. About the CMBA Western States Loan Servicing Conference The California Mortgage Banker's Association (CMBA) is a state organization devoted to representing and lobbying for the residential and commercial real estate finance industry before government agencies. The Western States Loan Servicing Conference is one of five major conferences held by the CMBA to facilitate the dialogue among industry opinion leaders, members, media, and the government. By organizing these events, CMBA delivers awareness of industry trends, business development, and networking opportunities for its members. About Remend Remend provides innovative mortgage solutions to improve the performance of loans and the experience of borrowers and people servicing loans. Today, we provide default solutions that integrate borrowers, servicers, lenders, realtors, and investors into a common workspace to reduce default cost and loss across the loan lifecycle. We offer a new approach to delinquency and default management that combines the servicing processes and data analysis with retention and prevention scenarios to measure and improve performance. Remend provides the first Web workspace integrating the people, processes, and asset information to manage default loans. We connect the people and processes into a single electronic service network to improve loan performance, compliance, quality, and reduce operating costs operating costs npl → gastos mpl operacionales . Visit www.remend.com to learn more. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion