Venminder, a leading provider of third party risk management solutions, announced a new “Thought Leadership” interview series, which is an online resource to exclusive third party risk industry leaders, the company announced in a release.
The company’s first interview was with David Stevens, president and CEO of Mortgage Bankers Association (MBA).
“It’s an interesting paradox that we’re in which is you have to have a third party vendor relationship in order to control your cost,” Stevens said in the release. “You have checkers checking the checkers, but on the other hand, you also need to be certain that those vendors are providing accurate compliance feedback and information because in the end of the day, they are not the ones on the hook, it’s the institutions that create those mortgages.”
The leading provider of third party risk management solutions, Venminder, provides exclusive interviews on the industry’s sought after thought leaders for their perspective and advice on third parties, mitigating risk, best practices, trends and more.
This educational interview covers cost benefit analysis of compliance, regulations that effected and are currently impacting the lending industry.
“We live in a whole new world of third-party risk,” Venminder founder and CEO Dana Bowers said. “It’s a regulatory hot button for a reason. The amount of data shared and the level of dependencies on third (and fourth) parties grows daily. We’re excited to share the experience and insights of experts who fight the good fight daily.”