Debbie Hoffman Explains ‘Security At Our Fingertips’

Women’s Law Journal

In just five years, it is estimated that 30 billion devices, including tablets, smartphones and computers, will be affected by cyber-attacks. Accordingly, roughly 60 percent of security budgets will be diverted to rapid detection of and response to those attacks. In her article, “Security At Our Fingertips” Digital Risk’s Chief Legal Officer Debbie Hoffman covers how companies can protect themselves from the growing issue of cyber security and data breaches.

Financial institutions have many forms of consumers’ personal information that hackers want to access, and organizations conducting business via the internet and the cloud are at risk of cyber-attacks. Throughout Debbie’s article, which was published in the National Association of Women Lawyers’ publication Women’s Law Journal, she explains which factors contribute to a data breach, how to mitigate this risk, and what to do should a breach occur.

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MBA Announces New Board of Directors

MBA Announces New Board of Directors

Mortgage Bankers Association

The Mortgage Bankers Association (MBA) announced its 2017 Board of Directors and inducted new members of the board, including Digital Risk’s Co-Founder and Managing Director Jeffrey Taylor. The announcement and induction ceremony was held at MBA’s Annual Convention & Expo on October 23, 2016 in Boston.
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Debbie Hoffman on a New Generation of HMDA

Secondary Marketing Executive

Digital Risk’s Chief Legal Officer Debbie Hoffman has been published in Secondary Marketing Executive Magazine regarding the effects of changes in HMDA on Mortgage Lenders. Her article, co-authored by Dr. Rick Roque of Michigan Mutual, is titled “A New Generation of HMDA” and explains the possibility of shifting a crisis to profit for the mortgage industry.

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Debbie Hoffman on the CFPB Power Check

Debbie Hoffman on the CFPB’s Power Check

HousingWire

Digital Risk’s Chief Legal Officer Debbie Hoffman has been published in HousingWire Magazine regarding the effects of Trump’s Presidency on the Consumer Financial Protection Bureau’s (CFPB) survival. Her article titled “A check on the CFPB’s unprecedented power” explains the influence of presidential authority over the Bureau’s future.
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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?

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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.

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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.

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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.

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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.

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