Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
The companies are alleged to have typically charged customers a $295 enrollment fee and a $2.50 transaction fee after telling borrowers they could lower their interest by making biweekly mortgage payments, but instead held the payments until they were due within the typical monthly period. The companies must pay more than $38 million in charges. [7/29/15]
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