How to gain more from operational risk management practices.
Modern risk management technology solutions improve efficiency and provide greater visibility into risks. Today’s tools provide real-time visibility, action plans, enhanced reporting and business intelligence, and proactive notifications for operational risk. Real-time data empowers banks and financial services organizations to proactively manage risks and instantly detect and mitigate emerging issues. Click here to learn more.
Fannie and Freddie joint credit score model solicitation
The Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac (the Enterprises) have published a Joint Credit Score Solicitation, which describes the process for credit score model developers to submit applications to the Enterprises. The Enterprises will accept applications for 120 days, from May 18 – September 15, 2020.