Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
GSEs spell out their rules for purchasing loans after January 10, 2014: only loans that are fully amortizing, have terms of up to 30 years, have points and fees that are no more than 3% of the total loan amount, have a maximum debt-to-income ratio of 45%, and have verification of borrower’s income source and amount. [8/22]
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