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.)
Bureau report and RFI on data sources and use
The Bureau has released a report and a request for information (RFI) relating to the Bureau’s sources of data and how those data are used. The report provides transparency into how the Bureau collects and uses data; the accompanying RFI gives the public an opportunity to comment on those practices. To carry out its statutory functions and obligations, the Bureau obtains data to inform its decisions. To date, the Bureau has undertaken more than 188 data collections from public sources, government agencies, commercial vendors, financial institutions, and consumers.
- Report: Sources and Uses of Data at the Bureau of Consumer Financial Protection
- ZIP file: Data governance policies, charters, and data sharing procedures
- Request for information
UPDATE: Published 9/28/2018 with comments due 12/27/2018.