Late Fees and the Allocation of Payments
How late fees are applied has caused not just consumers some headaches, but their financial institutions as well. Here's a rundown of how Reg. Z treats the allocation of payments by loan type. [4/25/18]
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Risk Watch Plus Webinar 6: Fair Lending – Chicago MSA
In this certificated webinar (see instructions in video for how to get your free certificate of completion), we dive into the HMDA waters to see which of the major lenders in Chicago look good and which should take a deeper dive into the data sooner than later. You can use a similar model for your MSA, or AdvisX can help. Before that, we cover what’s hot in compliance, as seen by the editors of Risk InboX. This week’s hot items: 1) How much is too much when it comes to Covid-19 allowances? 2) Here’s what’s bugging consumer activist groups about CRA; 3) CRA blowback is even coming from unexpected quarters.. Click here to watch now.
What is the AffirmX Platform?
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