A few days ago, Risk.Net published an article on the Top 10 Operational Risks for 2017 and indicated Cyber Risk as the top most risk in the minds of Chief Risk Officers. 8. Against this backdrop, the involvement of the Board / Senior Management in appointing Chief Information Security Officers is becoming increasingly crucial.
The Federal Reserve has already acted to lower longer-term interest rates, including mortgage rates, through the purchase of longer-term Treasury securities, agency debt, and agency mortgage-backed securities. In addition to enabling more buyers to purchase homes, low mortgage rates act to reduce the debt service cost of existing household debt.