Debbie Hoffman and Rose Bogan on Regulatory Exams: Preparation Is More Than Half The Battle

Debbie Hoffman and Rose Bogan on Regulatory Exams: Preparation Is More Than Half The Battle

Law360

Digital Risk’s Chief Legal Officer Debbie Hoffman and SVP, Governance Risk & Compliance Rose Bogan have been published in Law360 regarding the steps lenders should take to prepare for a regulatory exam. Their co-authored article, titled “Regulatory Exams: Preparation Is More Than Half The Battle” explains that regardless of whether a regulatory exam is planned or not, most of the preparation for an exam should be completed well before the actual exam is scheduled to occur. The go on to share that pre-planning ideally includes a framework which incorporates governance, risk and compliance management and oversight. So what does this framework look like?

Read more

Kimberly Lanham Authors HousingWire Blog on Women and Disruption

Kimberly Lanham Authors HousingWire Blog on Women and Disruption

HousingWire REwired

Digital Risk’s SVP, Client Relations & Marketing Kimberly Lanham has been published in HousingWire Magazine’s REwired Blog regarding how women can help propel the mortgage industry forward. In her article, “Want to disrupt the mortgage industry? Ask the decision makers,” Kim shares insights and data that were presented at Digital Risk’s Second Annual “Break the Glass” Executive Women’s Summit. Specifically, Kim touches on why women are now considered to be one of the largest drivers of the economy, as well as how these important purchase decision makers can help lenders better serve their customers.

Read more

2016-11-8-debbiebuildingteam

Debbie Hoffman on General Counsels: Building the Team From Within

Digital Risk’s Chief Legal Officer Debbie Hoffman shares how General Counsels – and other leaders in the legal field – can build their teams and nourish talent within their companies.

In this Legal Ink Magazine article, titled “General Counsels: Building the Team From Within,” she explains that as skilled lawyers, General Counsel generally have intuition regarding people, which allows them to identify skills in others and form strong teams around them. More likely than not, a GC has spent time working and learning within the hierarchy of a law firm and will leverage that experience to bring that same efficiency to their department.” Since these leaders have worked with a variety of clients and in various corporate structures, they are suited to understand the legal needs of a company and build a department that best meets those needs.

Read more

Leo Loomie Quoted on High-speed Mortgages

Leo Loomie Quoted on High-speed Mortgages

Bank Administration Institute (BAI.org)

With the mortgage industry heading toward speedier loan approvals – and perhaps even a world where a loan could be approved in 30 seconds via smartphone – new FinTech players such as SoFi, Sindeo and Clara are not only entering the market, but disrupting it by using technology.

A majority of SoFi’s consumers are millennials, but aren’t they a higher risk? Maybe not. Mortgages are granted to them based on a buyer’s ability to repay rather than credit score. Sindeo identified the gap in customer satisfaction index in the mortgage industry and acted as a marketplace offering loans from 45 lenders, thus making it possible for people to “come to us and shop their rates.” In addition, Sindeo provides an Expert Guide and technology to help customers navigate the quote through to the end of the process via a smooth platform.

Read more

Janice Minchenberg Quoted on Closing Disclosures

Janice Minchenberg Quoted on Closing Disclosures

Scotsman Guide

Constant issuing of second or third Closing Disclosures (CDs) to borrowers because of fee adjustments, thus causing delays in closing and higher cost to the lenders is on a rise.

The Scotsman Guide quotes Digital Risk’s Director of Implementation Management Janice Minchenberg’s views concerning the Cause & Cure on getting the timing just right on Closing Disclosures.

Read more

Digital Risk Hosts 2nd Annual “Break the Glass” Executive Women’s Summit

Digital Risk Hosts 2nd Annual “Break the Glass” Executive Women’s Summit

Maitland, Fla. – November 1, 2016 – Kicking off the Fall season with a bang – or a break – Digital Risk held its second annual “Break the Glass” Executive Women’s Summit in Sonoma, California. This summit was created in order for top women executives in the mortgage industry to discuss and drive the substantial impact businesswomen can have on their companies and on the industry as a whole.

“Digital Risk is thrilled to have brought influential women together to discuss how they and their colleagues can drive innovation and positive change in the industry,” said Jeffrey Taylor, Co-Founder & Managing Director. “We’ve seen great results originating from the Summit as these women have built collaborative relationships and brought ideas gleaned from the event back to their companies.”

Read more

Jeffrey Taylor quoted on Jumbo Loan Market on The Wall Street Journal

Jeffrey Taylor quoted on Jumbo Loan Market

The Wall Street Journal

Jumbo lending picks up as underwriting rules loosen, especially for income requirements, which has enabled more people to qualify for credit. The evident spike in the jumbo-loan originations and the monthly income figures is clearly reflective of the scope of Jumbo Lending in the Mortgage future.

The Wall Street Journal quotes Digital Risk’s Co-Founder & Managing Director Jeffrey Taylor’s views concerning the effect of loosened underwriting on the jumbo loan market.

Read more

Digital Risk's Ryan Donelson Honered as Gold Stevie

DIGITAL RISK’S RYAN DONELSON HONORED AS GOLD STEVIE® AWARD WINNER IN 2016 STEVIE AWARDS FOR GREAT EMPLOYERS

Stevie winners were presented their awards on September 30 in New York
Maitland, Fla. – October 3, 2016 – Ryan Donelson, Manager, Internal Communications at Digital Risk, LLC, has been named a Gold Stevie® Award winner in the first annual Stevie Awards for Great Employers.

Ryan won Gold in the “Internal Communications Professional of the Year” category for his accomplishments within Digital Risk’s Internal Communications programs and Corporate Social Responsibility initiatives throughout 2015.

“We are extremely proud of Ryan and the contributions he has made to Digital Risk’s internal communications programs and external community initiatives,” said Jeffrey Taylor, Co-Founder & Managing Director.
Read more

Kicks Off J.P. Taravella VEI Chapter

Jeffrey Taylor Kicks Off J.P. Taravella VEI Chapter

On October 14th, Digital Risk Co-Founder & Managing Director Jeffrey Taylor visited the J.P. Taravella High School Virtual Enterprises International (VEI) Chapter to kick off its 2016-2017 academic school year class.

This is the second class that Digital Risk is supporting at J.P. Taravella, located in Broward County, Florida. The VEI Program, which emphasizes college and career readiness, is being implemented in close to 400 secondary schools nationwide. Jeff sits on the national board for VEI and is proud of Digital Risk’s commitment to partner with the high school, supporting and mentoring over 20 bright young future businessmen and businesswomen.

Read more