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Risk Management

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Innovation by financial services to measure process risk to achieve higher profits. Sep. 16, 2009

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Rebecca B. Walzak and Madeline Wade are now friends

January 4

Rebecca B. Walzak left a comment for Alice Lee

October 19, 2009

Rebecca B. Walzak and Alice Lee are now friends

October 19, 2009

Rebecca B. Walzak commented on JJ Hornblass's blog post 'Sticking It to Ken Lewis'

Is this supposed to make him a "good guy"?

October 16, 2009

Rebecca B. Walzak commented on Rudy Orman's blog post 'MBA Conference Notes on FHA Programs, Private-Label Securitizations, Loan-Mods, and More'

I have been working with a lot of borrowers who DO have jobs and want to stay in the house but get different excuses about why they don't qualify from every person they talk to. They also find that the documentation they sent in gets lost and they n…

October 15, 2009

Rebecca B. Walzak commented on JJ Hornblass's blog post 'SPREAD 'EM: The End of the Beginning or the Beginning of the End'

What impact will the million+ pay option adjustments coming due in 2010 and 2011 have on the economy. There are those that think we are headed for another recession because of the increasing unemployment and the continuing problems with mortgage def…

October 2, 2009

Rebecca B. Walzak replied to Michael Gibb's discussion 'What Would You Have Done?' in the group RetailWorks

You don't say what amount the check was for. A well run bank should have confidence in their tellers and have done the analysis to determine at what level tellers should have the authority to wavie requirements. This type of analysis provides a defi…

October 2, 2009

Rebecca B. Walzak joined JJ Hornblass's group

RetailWorks

The lifeblood of banking is retail, which is why some of the best innovation takes place at the magical place where actual consumers meet actual banks -- or at least their ATM colleagues. We'll track it here.

October 2, 2009

Rebecca B. Walzak left a comment for Mary Wisniewski

September 30, 2009

Rebecca B. Walzak commented on JJ Hornblass's blog post 'Bank of America Goes Nuts on Congress'

You two must be attorneys. Towns asked a very specific question and expected a very specific response. Having been on both sides of this issue as an expert witness I understand where you are both coming from, but it does not excuse BofA's arrogance.…

September 22, 2009

Rebecca B. Walzak commented on JJ Hornblass's group 'Risk Management'

Thanks JJ. I agree entirely with theses statements. Is there some way I can connect with these folks to have an intectual discussion on how my small ideas can fit into their larger framework?

September 16, 2009

Rebecca B. Walzak commented on JJ Hornblass's group 'Risk Management'

Reading the article on the flaws in Risk Managment reminded me of the saying "Closing the barn door after the cows get out." There are numerous theories about what went wrong with the models so I'll add my own. it goes like this, we failed to includ…

September 16, 2009

Rebecca B. Walzak joined JJ Hornblass's group

Risk Management

Risk management is of paramount importance for banks, particularly in this post-credit-crisis era. This group is dedicated to advancing risk management practices and procedures.

September 16, 2009

Innovation by financial services to measure process risk to achieve higher profits.

September 16, 2009

Rebecca B. Walzak is now a member of Bank Innovation

Welcome Them!

September 16, 2009