July 3 2022

FHA: Why Miami’s Suit Against Two Big Banks for Unfavorable Mortgages Matters to CUs

Miami is suing Wells Fargo and Bank of America for what it considers discriminatory actions against city residents for foreclosure actions that result in lower property taxes for the city. The matter is now before the U.S. Supreme Court. CUNA warns that the lower court ruling could set a bad precedent that would allow other entities, not just cities, but neighboring residents and even local businesses to go after banks or credit unions. This is a massive stretch of what the Fair Housing Act was meant to do. [8/30/16]

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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