Freddie Mac updates risk mitigation requirements for the industry due to elevated cybersecurity threats
As the mortgage world becomes more technologically interconnected, the risks to cybersecurity, data and infosecurity increase. These risks should be top-of-mind for mortgage professionals, as evidenced by recent changes at Freddie Mac that emphasize risk mitigation and cybersecurity efforts. In October, Freddie Mac issued Bulletin 2021-31, updating its Seller/Servicer and Third Party risk mitigation requirements. […]