Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
The House adopted two bills that could provide some regulatory relief and clarity for credit unions. The Portfolio Lending and Mortgage Access Act would provide a safe harbor from certain QM requirements for residential mortgage loans held in portfolio. The Reforming CFPB Indirect Auto Financing Guidance Act would require the CFPB to replace its onerous 2013 bulletin with specific guidance on indirect lending. [11/19/15]
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