|
New Model Privacy Notices |
On December 1, 2009 the federal agencies responsible for administering
the Graham-Leach-Bliley Act ("GLBA") and the Fair Credit Reporting Act
("FCRA") issued revised regulations that financial institutions may use
to meet the privacy notice requirements under the Acts.
The focus of
the revised regulation is on a new Model Form that institutions may use
to describe their privacy policy to their customers. The regulation
provides a safe harbor provision for institutions that use the model
form exactly as written. READ MORE |
Be Good and Lucky
|
 Can you afford to have pretty good data? Can you afford tolerable
investor pricing variances? Can you afford to usually be compliant?
There's
an old saying that argues, "It's better to be lucky than good." While
true in many instances, it shouldn't be in your company's vision
statement! And you certainly shouldn't put it into practice either.
Why not be both good and lucky? READ MORE
|
A Loan Closer's Nightmare
|
 As a loan closer I was used to facing daily challenges that I relied on others to help out with. There are a handful of different variables that affect each and every day. One thing I do know is the value of available resources to get my job done. These resources are critical in making sure I complete my job. As I was contemplating different challenges, my mind came across 5 items I found critical as a loan closer. READ MORE |
