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.)
National Fair Housing Training Academy launched
HUD has announced it is partnering with the John Marshall Law School in Chicago and Cloudburst Consulting Group, Inc., to develop the National Fair Housing Training Academy (NFHTA). The Academy will prepare fair housing advocates, lawyers, investigators, and other stakeholders on effective strategies and techniques for addressing discriminatory housing policies and practices throughout the nation.
John Marshall Law School will receive $1.5 million over the next two years under HUD’s Community Compass Technical Assistance and Capacity Building grant program and will provide training related to civil rights history, current trends in housing discrimination, and investigating housing discrimination complaints. Cloudburst Consulting Group, Inc., which partners with governmental agencies to promote social, economic, and environmental resilience, will receive nearly $1.5 million over the next two years to assist HUD in revolutionizing the way the Academy offers fair housing training throughout the nation, including launching an online platform to deliver trainings more effectively while resulting in significant cost savings to taxpayers.