Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
From 2006 to 2009, wholesale brokers were responsible for approximately 360,000 mortgages. Of those, 40,000 were made to African-American borrowers and 66,000 were made to Hispanic borrowers. Of those 106,000 loans, an estimated 50,000 African-American and Hispanic borrowers paid higher rates and fees than similarly situated white borrowers, according to the Department of Justice. JPMorgan has settled for $53 million. [1/24/17]
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