Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
According to NCUA Chair Debbie Matz, new regulations proposed by the CFPB and Department of Defense could put at risk credit unions’ ability to offer members small, reasonably priced loans as alternatives to payday loans. The DOD proposal, for example, would cap the loan rate at 36% including fees, which would cause many credit union loan rates to exceed the cap. [5/7/15]
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