RISK ANALYSIS: Differences between "Variances & Violations"

Effectively managing OPERATIONAL RISKS does not have to come at the expense of "producing more loans". On today's program, industry veteran Becky Walzak of Looking Glass Gorup, LLC, answered questions such as "What is Operational Risk?"..."Why is it important?"... "What critical measurements should you have set up at your company to manage operational risk?"... "Understanding the difference between 'variance' and 'violations'." Today's guest was Becky Walzak, someone who has a balanced perspective on managing for operational risk without sacrificing good production. If you are a business owner or consider yourself a serious mortgage professional, you will want to listen in to today's broadcast to learn about this important topic. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, and Andy Schell (a/k/a "The Profit Doctor") providing valuable info on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE. Effectively managing OPERATIONAL RISKS does not have to come at the expense of "producing more loans". On today's program, industry veteran Becky Walzak of Looking Glass Gorup, LLC, answered questions such as "What is Operational Risk?"..."Why is it important?"... "What critical measurements should you have set up at your company to manage operational risk?"... "Understanding the difference between 'variance' and 'violations'." Today's guest was Becky Walzak, someone who has a balanced perspective on managing for operational risk without sacrificing good production. If you are a business owner or consider yourself a serious mortgage professional, you will want to listen in to today's broadcast to learn about this important topic. Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Alice Alvey providing a LEGISLATIVE UPDATE, Joe Farr with a MARKET UPDATE, and Andy Schell (a/k/a "The Profit Doctor") providing valuable info on FINANCIAL MANAGEMENT and TONY GARRITANO providing a TECHNOLOGY UPDATE.