Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
Anaheim, Calif.-based online lender used a subsidiary that originated the loans on a South Dakota Indian reservation to issue loans in Iowa that hit up to 169% on an annual basis. The tribal angle didn't fly with the Iowa Division of Banking, which revoked the license and hit the lender with $1.5 million in restitution of 3,400 loans to Iowans. [10/9/14]
Complaints: Why you shouldn’t shun them, but invite them! In this era of exploding complaint volume, this certificated webinar (see instructions in video for how to get your free certificate of completion) takes a look at the risks, evolution, and need for a management strategy to effectively deal with complaints. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) HUD cancels Obama era Fair Housing rule; 2) “HMDA” for boards and management; and 3) CFPB has added a new dimension to its complaint database. Click here to watch now.
What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video