June 25 2019

More HMDA Guidance Released

More HMDA Guidance Released

The CFPB issued final policy guidance describing the Home Mortgage Disclosure Act (HMDA) data the Bureau intends to make available to the public beginning in 2019. The guidance describes the loan-level HMDA data that the Bureau intends to make available to the public, the modifications of the data to protect consumers’ privacy, what kind of info it intends to disclose with reduced precision, such as by disclosing ranges rather than specific values for an applicant’s age, the amount of the loan, and the number of units in the dwelling. [1/9/19]

Risk Watch 149: What is Trade-Based Money Laundering

What is trade-based money laundering and how can your Bank Secrecy Act and front-line personnel recognize it? Due to the sensitive nature of BSA reporting by financial institutions, it’s not often we hear real-life examples of trade-based money laundering. Presented by Dayne Bloxham of AdvisX, this is the second of three episodes of Risk Watch highlighting notable examples of BSA reporting. 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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