Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
The “Stop Errors in Credit Use and Reporting Act” (“SECURE Act”) would provide consumers with free access to their credit scores, if an unfavorable decision is based on that score, along with making the credit score available with the consumer’s annual free credit report. The bill would also require the CFPB to develop procedures to ensure that credit reporting agencies report accurate information. [4/11]
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