Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
The CFPB has returned $107 million to over 238,000 consumers as a result of their May 2015 to August 2015 examination, which uncovered illegal practices involving student loan servicing, consumer reporting, debt collection markets, and mortgage origination and servicing. Details of the CFPB’s findings can be found in the ninth edition of the Supervisory Highlights, located here. [11/4/15]
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