Preview

Security Online Loan Application Service Provider Policy

Good Essays
Open Document
Open Document
664 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Security Online Loan Application Service Provider Policy
McBride Financial Security Online Loan Application Service Provider Policy

University of Phoenix CMGT 441

* Introduction:
McBride financial services is a mortgage lender in Boise, Idaho. This company is specialize in conventional, FHA, and VA loans for home purchasing and refinancing. The company is planning to develop and expand into Wyoming, Montana, North Dakota and South Dakota (Apollo Group, 2003). * Mission:
McBride Financial Services main mission is to be the top provider of mortgage services in a low cost in the its region and all branches Idaho, Montana, Wyoming, North Dakota, and South Dakota. Also McBride intends to offer mortgages to first time buyers and problem credit clients. The company will control its cost by having a small staff rather than large staff of brokers to sell the financing packages. Also they intends to make the customers enter their own mortgage applications online, and getting the approvals or denials electronically. (Apollo Group, 2003 ) * Concern:
McBride Financial services’ main concern is to ensure security for its customers’ financial online application services, and making sure that the online information is protected. In order not to involve into a lawsuit from clients because of identity stolen, McBride Financial will implement a kind of internal security system so every employee can access the clients’ information. McBride Financial is also concerned with physical security of the computer system, and other security issues as the company’s success is based on client’s understanding of how their personal information is safe. (Apollo Group, 2003 ) * The desired plan for McBride financial is: * “To have a company website that can be accessed either from the in office or online”( Apollo Group, 2003 ) so the customer be able to log into it and take a look even before it can be seen by the employee. Customers will be able to access to the latest interest rate,



References: * https://ecampus.phoenix.edu/secure/aapd/cist/vop/Business/Smith/Projects/McBride/NetworkTranscript.pdf * https://ecampus.phoenix.edu/secure/aapd/cist/vop/Business/McBride/McBrideHome002.htm

You May Also Find These Documents Helpful

  • Powerful Essays

    McBride Financial Services plans to expand its mortgage loan business operations to eight locations. The home office is in Boise Idaho. Newly leased office space is now available in the Sioux Falls S.D. location. The CEO, Hugh McBride, requests the design, development and implementation of a secure, reliable and effective Local Area Network (LAN) for the Boise and Sioux Falls locations. This project will require satellite locations, like Sioux Falls, to be connected to the Boise Home Office LAN. The connection is done to facilitate accessing data and information by authorized personnel, including remote access privileges to Smith Systems Consulting;…

    • 2001 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    McBride Financial is a fast growing organization with plans to open a total eight offices located in Idaho, Montana, Wyoming, South and North Dakota. Services will specialize in providing financial mortgage assistance to first time buyers, retirees, professionals, families and individuals with credit problems. McBride Financial provides customers with informative information without any hidden cost. Breakdown of services and rates are thoroughly explained with every home purchase. Applications are processed within one business day.…

    • 895 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    This report gives a brief description the general security solutions planned for the safety of data and information that belongs to the organization. The outline will provide elements of a multi-layered security plan, and will indicate a general security solution for each of the seven domains of a typical IT infrastructure. Also I will describe a layer of security for each of the seven domains.…

    • 801 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Mcbride Financial Services

    • 4240 Words
    • 17 Pages

    McBride Financial Services is a start-up mortgage company. They specialize in offering their customers low cost mortgage services at a fixed price. Their target group will include professionals and retirees purchasing their first home or secondary home, and individuals or families purchasing recreational properties (Apollo, 2005, 2007). McBride Financial Services will be starting with the Sioux Falls office to implement a LAN system, which includes the equipment and software installation.…

    • 4240 Words
    • 17 Pages
    Powerful Essays
  • Better Essays

    Westpac Case Study

    • 1387 Words
    • 6 Pages

    Please find below a personal example of our recent dealings with a finance and mortgage broker.…

    • 1387 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    New Century

    • 3719 Words
    • 15 Pages

    New Century Financial Corporation was founded in 1995 went public in 1996 and was also listed on NASDAQ. New Century’s primary goal was to originate and sell subprime mortgages. The main activities of the company included generating, retaining, selling, and servicing home mortgage loans for subprime borrowers who couldn’t get finance from other sources. By 2006 New Century expanded its product range to include fixed-rate mortgages, adjustable rate mortgages (ARMs), hybrid mortgages, and interest-only (IO) mortgages. The products were from the two Company’s divisions of Wholesale Loan Division and Retail Mortgage Loan Division, which was different in terms of sales channel (indirect and direct). The corporation employed almost 1,000 account executives & 50,000independent mortgage brokers within its Wholesale Loan Division and it operated 235 sales offices within Retail Mortgage Loan Division.…

    • 3719 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    Project Part 1

    • 430 Words
    • 2 Pages

    As we enter a new age of computers and the use of the internet to conduct our business we open ourselves up to a new type of threat. Data and identity theft have become a real problem for many financial and government institutions. To combat this threat Richman Investments has implemented security measures at all seven domains in our IT structure. The seven domains include the User, Workstation, LAN, LAN to WAN, WAN, Remote Access, and System/Application layers.…

    • 430 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    This document is to describe the Information Security Team's requirements of Online Application Services and Application Service Providers that engage in business with McBride Financial Services.…

    • 634 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Wells Fargo History

    • 878 Words
    • 4 Pages

    2004—In 2004, Wells Fargo introduced a new innovative product that enabled homeowners to handle their home as…

    • 878 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Mc Apartments

    • 2180 Words
    • 9 Pages

    -Fleet preferred to work directly with developers—but would work with mortgage bankers if developer paid fee (1% of loan)…

    • 2180 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    As this report is being written the economy is attempting a massive recovery. Economic recovery, as positive as it sounds, will not immediately resuscitate the mortgage industry. The lending institutes are still facing several years of increased foreclosure and delinquency issues. Needless to say, mortgage loan origination will not be going back to the “old way” of doing things anytime soon. (Focardi) One would hope that lessons have been learned that will never be forgotten. H.L. Menchen summed it up when he said, “Nobody ever went broke underestimating the intelligence of the American public.” (Zipkin)…

    • 5473 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    Current Ethical Issues

    • 907 Words
    • 4 Pages

    “Upbeat Financial Services will be the preeminent provider of low cost mortgage services using state-of-the-art technology in the five state areas of Idaho, Montana, Wyoming, North Dakota, and South Dakota. We thank you in supporting our mission!” Upbeat Financial Services offer their clients the most efficient and effective processing of mortgage applications from beginning to end. Not only do they work with families and individuals that are purchasing properties, but they also service professionals looking for a secondary or a primary residence, and retirees looking to purchase secondary or a primary residence. This wide range of clients could present some ethical dilemmas.…

    • 907 Words
    • 4 Pages
    Good Essays
  • Good Essays

    MORTGAGE BACKED BOND

    • 699 Words
    • 4 Pages

    In practical terms, the FI segregates a group of mortgage assets on its balance sheet and…

    • 699 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    LOR Khareema Salley

    • 242 Words
    • 2 Pages

    the order of the title, appraisal and all credit documents. She issues proper disclosures as required by…

    • 242 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The Bank offers the full range of banking and investment services for personal and corporate customers, backed by the state–of–the-art technology and a team of highly motivated Professionals.…

    • 326 Words
    • 2 Pages
    Good Essays