Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
If you're a smaller HELOC lender, you'll probably be glad to hear that the CFPB updated its 2015 HMDA rules regarding established limits for HMDA applicability. The new rule temporarily (2018 and 2019) increases the reporting threshold limit on Home Equity Lines of Credit from 100 to 500, which should ease regulatory burden on smaller HELOC lenders. ICBA says that's great, but what about the "staggering number of data requirements"? [8/25/17]
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