Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
Many elements of the proposal to revise HMDA do little to meet the purposes of HMDA, while creating standards that are simply impractical and fail to take into account human error and that not all loans fit neatly into HMDA categories, according to a joint letter from the CBA and the ABA to the CFPB. Here's the full rundown on why the CFPB's proposal is causing bankers concern. [3/15/16]
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