Forum on how regulatory policy is put into practice in the field, to share best practices, and to communicate information about emerging issues bank supervisors are facing.

Topics addressed in this issue include

• a discussion of the risks associated with third-party relationships and the effect failure to manage those risks can have on a financial institution
• an overview of factors that have led to an increase in mortgage fraud, highlights of actual mortgage fraud cases in FDIC-insured institutions and mitigation steps to help institutions stay alert to mortgage fraud
• the impact of the rising cost, and, in some cases, the lack of availability of wind hazard insurance, with a focus on Florida
• the examination efficiencies gained from the increasing use of electronic media for the exchange of examination-related documentation
• a report on recent decisions of the Financial Accounting Standards Board’s Emerging Task Force and the decisions’ effect on accounting for split-dollar life insurance