October 24 2020

CRA’s Bite: PacWest’s “Low Satisfactory” Has Groups Seeking to Delay Acquisition

CRA’s Bite: PacWest’s “Low Satisfactory” Has Groups Seeking to Delay Acquisition

CRA's bite isn't limited to administrative headaches, as PacWest is finding out. The California bank's plans to acquire CapitalSource is facing opposition from community groups concerned about its commitment to the Community Reinvestment Act in light of its low-satisfactory rating in its lending, investment and service tests. [10/7]

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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