MBA Comment Letter on ML for Significant Cybersecurity Incident Reporting Requirements
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The Mortgage Bankers Association provides feedback in response to the recent Mortgagee Letter (ML) concerning Significant Cybersecurity Incident reporting requirements. Given the evolving landscape of cybersecurity threats, it is crucial to establish clear, consistent, and practical policies to navigate potential cyberattacks effectively. By doing so, lenders can better safeguard their systems while protecting customers, employees, vendors, counterparties, and agency partners.
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