Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
Fraudsters obtained a mortgage from a financial institution using fake documents, then sent a fake money order (issued by the "IRS") to the institution to pay off the mortgage. The financial institution even mailed the fraudsters an overpayment refund of $10,000. When the financial institution realized the mistake, it filed a lawsuit to reinstate the mortgage, only to find the fraudsters even submitted to the court a fake receipt for the fake money order. [3/21/18]
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