Wednesday, January 6, 2016

Fannie/Freddie Changes; Positive Millennial Trends for Lenders; Chase Settlement

Hot news from AZ Home Help:

Posted To: Pipeline Press

The Wall Street Journal reports banks are beefing up cybersecurity defenses by taking actions that include banning employees from using USB drives, not allowing employees to use work emails for personal use, warning employees not to post out-of-office replies on email, to be careful what they post on social media, and not to click on links in questionable emails from unknown sources. And a survey by The Economist on cyber incident readiness by businesses finds the top things executives think would assist their company to be better prepared for a cyber incident are: better understanding the potential threats, raising awareness of existing preparations across the company, and testing existing preparations for an incident. In response to lender feedback, Fannie Mae will implement expanded whole...(read more)

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Source: http://www.mortgagenewsdaily.com/channels/pipelinepress/01062016-cybersecurity.aspx

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