Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
The FDIC's order went against HomeStreet Bank for its co-marketing and desk rental arrangements with real estate brokers and home builders. However, the order confirmed that co-marketing and desk-rental arrangements are permissible if the fees paid are fair market values. This contrasts with a CFPB bulletin from the Cordray era that raised doubts about whether such arrangements were permissible at all under RESPA. [11/8/19]
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