Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)
SEC issues annual NRSROs reports
The SEC has announced the credit rating agencies under its oversight show improved compliance, increased information technology resources, and continued competition, according to a staff report released on nationally recognized statistical rating organizations (NRSROs). A summary and the full report are available.