Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
Approximately $265 billion in home equity lines of credit opened between 2005 and 2008 will begin entering their draw down or repayment stage in the near future. According to Experian this could pose a high degree of risk to credit unions and other financial institutions as data shows that HELOCs in the repayment stage are much more likely to become delinquent than those that in the draw stage. [6/1/15]
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