These days, "identity theft” is a term that unfortunately most of us are familiar with, some of us firsthand. All of us leave some kind of technological footprint or fingerprint in cyberspace, at the grocery store, or on cell phone towers whenever we travel.
Today’s approval of the joint agency credit risk retention rules by the OCC, FDIC and FHFA is an important step forward in completing regulations that will give the financial services industry more confidence and certainty, enabling lenders to provide high-quality mortgage loans to credit worthy consumers.
Greater focus on addressing cybersecurity challenges across all industries is critical in defending against common enemies and today’s White House announcement on cybersecurity will continue to advance this important discussion.
Over the past few years, federal cybersecurity legislation has stalled. But in the meantime, cyber criminals haven’t taken a break. They’re becoming significantly more sophisticated and their attacks are increasing...
In a letter sent to the Federal Housing Finance Agency, FSR's Housing Policy Council (HPC) voiced its support for the agency’s proposal to create a single security to be issued and guaranteed by Fannie Mae and Freddie Mac.
At the Forefront of Technology and Finance
BITS, the technology policy division of FSR, addresses newly emerging technology and operational opportunities for the financial services industry. It has the expertise to help FSR’s members manage risk particularly in cybersecurity, fraud reduction and critical infrastructure protection. BITS helps shape public policy coming out of Washington and helps companies understand and stay ahead of the latest public policy issues. Because of its diverse membership, it facilitates collaboration to improve the e-commerce environment for member companies in ways that nobody else can.Read more
Advocating for Strength in the Housing Market
The Housing Policy Council is a division of FSR that advocates for the mortgage and housing marketplace interests of member companies in legislative, regulatory, and judicial arenas. HPC’s goal is to communicate the benefits of a fully competitive and integrated housing market to the American public. We work with regulators to represent our members’ interests in mortgage finance and housing issues to ensure the housing market continues to thrive and lending remains strong.Read more