Every month, Ncontracts compliance experts provide an overview and analysis of the latest regulatory updates to help you keep up with the rapidly evolving nature of the industry. In this episode, Stephanie Lyon, VP of Compliance, is joined by experts Shelby Montgomery and Katie Ferrell to discuss regulatory changes that took place in the month of April 2022, and what these changes mean for your financial institution.
Hey there, guess what? I just wrapped up the coolest podcast chat with Shelby Montgomery and Katie Ferrell! These two are like the ultimate insiders when it comes to regulatory changes and banking trends. I'm telling you, they spilled some seriously juicy info. We're talking crypto mortgages, remote work in the mortgage world, and even a fresh take on handling cybersecurity incidents.
Shelby dished about this whole new era of cryptocurrency, and get this – there's a company offering a 30-year crypto mortgage! Can you believe it? Lower interest rates, streamlined processes – it's like the future knocking on our mortgage doors.
And Katie, oh my gosh, she went deep into the nitty-gritty of regulatory exams for credit unions. The NCUA's phased approach to on-site operations? She's got all the details. Plus, she's serving up the lowdown on those brand-new state laws allowing remote work for mortgage company employees. Who knew working from home would come with so many compliance checks?
I can't even begin to explain how much these two know about the financial world's inner workings. We're talking about everything from crypto mortgages to social media platform insights. Seriously, if you're even remotely interested in banking or finance, you need to give this podcast a listen. Trust me, your mind will be blown!