Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
The CFPB has filed suit against RPM Mortgage, Inc. for violating the Loan Originator Compensation Rule and the Consumer Financial Protection Act. The suit alleges that the company CEO designed and implemented a scheme that allowed loan originators to receive compensation tied directly to the interest rate of the loan through their individual expense accounts. [6/16/15]
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