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NCUA has issued Supervisory Letter No. 14.04 to provide guidance to examiners regarding taxi medallion loans. Credit unions that either extend loans of this type and credit unions that purchase participation interests in taxi medallion loans should review this letter in order to be prepared for the extent of the review your examiners will conduct as a result of heightened concerns regarding the risks they feel these loans may represent. [4/10]
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