August 8 2020

Revenues Up, Way Up

FDIC reports that net income increased 27.5% over the same period last year. The increase was attributed to higher net operating revenue and a lower effective tax rate. But not all is rosy. “The interest-rate environment and competitive lending conditions continue to pose challenges for many institutions. The industry must manage risks carefully to continue to grow on a long-run, sustainable path.” [5/23/18]

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?

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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