September 23 2025

ITT’s CUSO Hit Hard in Settlement

Students at ITT Technical Institute were allegedly induced in an unfair way to take out loans by a variety of means and were not provided information to help them understand the terms and conditions of the CUSO loans. CFPB has proposed that Student CU Connect CUSO stop collecting on all outstanding loans, discharge the outstanding loans, and ask credit reporting agencies to delete tradelines relating to the CUSO loans. Total amount of loan forgiveness: $168 million. [6/17/19]

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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