Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
The failure of a Wisconsin housing finance CUSO that was a factor in the collapse of Members United Corporate Credit Union has led to the indictment of four of its former executives. The $9.2 million fraud involved the creation of an investment instrument based on a pool of mortgages formed in the name of the CUSO with interest payments going back to the CUSO executives. [10/8]
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