Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
It's been 25 years since the Community Reinvestment Act was updated. FDIC and OCC have proposed a number of substantive changes. Comment period is now open. Here's a nice little summary. Read OCC chair's appeal to the industry here. Here's a tentative thumbs up to the proposal from one trade association. This trade association calls for the Fed to get on board with the other agencies to prevent competing CRA regimes. [12/13/19]
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