DSNews The homepage of the servicing industry

Home / Author Archives: Steve Salimbas

Author Archives: Steve Salimbas

Steven Salimbas founded Ameriguard Properties Management, LLC on a commitment to excellence. With over a decade of industry experience, Steve provides innovative solutions for today’s challenging and stringent regulations and oversight, while reducing servicer costs and risk.

Compliance Critical: Field Manager Vendor Management Process Audits

March 18, 2014

The Office of the Comptroller of the Currency states explicitly in an October 2013 bulletin guidance for risk management that it "expects more comprehensive and rigorous oversight and management of third-party relationships that . . . could cause a bank to face significant risk if the third party fails to meet expectations."