November 28 2020

Democrats: Here’s What’s Wrong with OCC’s New CRA Rule

The OCC's rule changes CRA to the CDA: Community Disinvestment Act. The rule rewards institutions active in Opportunity Zones without ensuring theirr activities specifically benefited low- and moderate-income communities. In addition, redlining has been detected in 60 metropolitan areas despite 98% of banks passing their CRA exams. The OCC rule has "gaping loopholes." The House has passed a Congressional Review Act to reverse the CRA rule recently released by the OCC. [7/1/20]

Risk Watch Plus Webinar 8: Complaint Management

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 is the AffirmX Platform?

Video 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

About Risk InboX

Each day, teams of subject matter experts and analysts at AffirmX and AdvisX comb through dozens of resources to keep tabs on the latest developments in areas of risk. We share our findings here, along with a brief note about why each item matters.

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