MBA Releases White Paper on Information Security

Oct 24, 2019

The Mortgage Bankers Association (MBA) has published “The Basic Components of an Information Security Program,” a free White Paper detailing information security risks that affect the mortgage industry and strategies for managing those risks.

The White Paper considers options for mortgage companies that are reviewing or updating their information security programs, including the current laws and current laws and regulations that focus on consumer and data privacy and vendor management. It also details risk assessment processes including vendor risk management, how to compile an asset inventory of company data, equipment and software, disaster recovery methods and information security training for employees.

“MBA continues to be an advocate for our members on cybersecurity issues, and we’re committed to educating and helping mortgage businesses identify emerging information security threats,” said Rick Hill, executive vice president of MISMO and vice president of industry technology at the MBA. “Our White Paper gives mortgage professionals a better understanding of current risks, and offers high priority cybersecurity actions they can take to keep their information, systems and networks safe and secure.”

About the author

Phil Hall

Link copied

Published

Oct 24, 2019

People On The Move

Ginnie Mae President Alanna McCargo Announces Resignation

McCargo was first woman and first woman of color at the helm of Ginnie Mae.

The U.S. Department of Housing and Urban Development (HUD) today announced that Alanna McCargo, president of the Government National Mortgage Association (Ginnie Mae), will resign, effective May 3, 2024. McCargo has served in the Biden-Harris Administration since January ...

People On The Move

Christensen, Andrus Added At CE Class Leader

Maximum Acceleration hires mortgage exec. as education director, adds banking manager

Brandon Christensen, a longtime mortgage broker and trainer, has been named Director of Education and National Instructor for Maximum Acceleration LLC, a leading NMLS-approved course provider for mortgage pre-license and continuing education. "Having Brandon join our amaz...