Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
A report from the NY Federal Reserve Bank reveals that as of June 30th seriously delinquent student loans increased to 11.5% from 11.1% at the end of the previous quarter. This may not seem like a significant increase; however, only about 50% of student loans are in repayment; the balance are still in deferral status. If the delinquency rate is applied to only those loans in repayment, the actual delinquency rate becomes 23%. [8/24/15]
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