April 6 2020

Senate Banking Committee At Odds Over CFPB Auto Lending CRA

U.S. Senate Banking Committee's two most powerful members went at it over the Congressional Review Act S.J. Res. 57 that aims to repeal the CFPB's Indirect Auto Lending Guidance. As would be expected, Chairman Sen. Crapo, the majority leader, was a strong advocate for repeal with Minority Leader Sen. Brown strongly urging that the guidance aimed at protecting minorities and promoting fair lending remain. [4/19/18]

Risk Watch 153: What You Need to Know About Elder Financial Exploitation

Losses to senior citizens from financial abuse are estimated to be $3 billion last year alone. Banks and credit unions are on the front lines when it comes to detecting and reporting suspected instances of abuse. At the same time, they have an obligation to protect the privacy of their customers and respect their wishes to conduct lawful transactions. Amy Wargo of CU Solutions Group presents how financial institutions can navigate this delicate balance through effective employee training. 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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