Friday, September 9, 2016

Transparency: The ultimate tool for risk mitigation

Lenders bulked up their vendor management and vetting programs in recent years, mindful of the fact that the CFPB will hold them accountable for the actions (or misdeeds) of their service providers. But while scorecards and financial audits are great, are you sure your service providers are staying the course when it comes to quality and compliance?

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