PaperClip Incorporated

The Bridges Blog

Since 1995, Mike has served as President, Vice President of Marketing & Sales, Director of Professional Services,and Consultant for PaperClip Incorporated. In his current role, he is responsible for strategic direction,operations, and corporate communications. Prior to joining PaperClip Software, Mike was the Executive Vice President and co-founder of CMF Design System, a custom software and systems integration firm. Mike received a Bachelor of Science from Rowan University and served as a Captain in the United States Marine Corps.

The key is having a solution that is easy and simple to not only implement, but use for everyone involved in the e-mail transmission. This approach ensures greater traction and compliance. Cyber threats in mortgage affect your entire business. Are you protected? PaperClip's eM4 protects customers' personal information from unwarranted access and the accountability for its use. This significantly minimizes your exposure to compliance and reputational risk. Here’s how it works:

In a presentation titled "Navigating CFPB Investigations and Enforcement Actions" by Jonathan Pompan, Partner, Co-Chair CFPB Task Force, Venable LLP, he asked, "Who is subject to a potential CFPB Investigation? The CFPB authorizes the Bureau to conduct investigations to ascertain whether any person is or has been engaged in conduct that, if proved, would constitute a violation of any provision of Federal consumer financial law. This includes: Banks and Credit Unions, All Mortgage Related businesses, Small Dollar Lenders, Private Student Lenders, Debt Collectors, Consumer Reporting, Consumer Credit and related activities, Money transmitting, check cashing, and related activities, Prepaid cards, Debt Relief, Financial Advisors, Service Providers, and more…" And that’s not all.

The Internet has dramatically changed the way we conduct business today. The ability to deliver information, answer questions, and exchange ideas has benefitted all who participate. One significant use of the Internet is electronic mail. The ability to replace letter, fax or phone calls with a simple electronic message has won the day. Storing and quickly retrieving these messages allows organizations to streamline its communications process and by today’s business standards, email has become a cornerstone of every business’ operations.