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Tag Archives: U.S. Government Accountability Office

GAO: Nonbank Servicers Need More Oversight

Nonbank servicers are now servicing nearly a quarter of all residential mortgage loans in the country. What does the Government Accountability Office recommend should be done to increase government oversight of nonbank servicers?

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Credit Union Organizations Respond to GAO Recommendation on Vendor Authority

The U.S. Government Accountability Office (GAO) issued a report on cybersecurity last week highlighting that banks and other depository regulators need better data analytics and depository institutions want more usable threat information. The National Association of Federal Credit Unions (NAFCU) & the National Credit Union Association (NCUA) both responded to the GAO's recommendation on vendor authority.

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