Here is a great article from Matt Kiker of Garret/McAuley Co. It’s about managing your risk at your lock desk and some great recommendations to mitigate that risk.
Many compliance people that I speak to are surprised by the power of automation for risk.
They don’t realize that their pricing engine can be configured to monitor and lock down the company policies and procedures for pricing, origination, LO Comp, hedging and leakage, market comparisons, pricing disparity and pricing exceptions.
Thanks Matt for a great frame of reference! To Read Matt’s Article CLICK HERE