Stop by Daily for What's Hot Right Now in Compliance & Risk for Credit Unions & Banks
When it comes to discretionary markups on auto loans, nonbank finance companies are hunkering down for some heavy-duty CFPB scrutiny. Here are some steps the smart ones are taking now to avoid getting in fair lending hot water due to, for example, a subsequent analysis that indicates average financing compensation that is 20 basis points higher for a minority group than for a non-Hispanic white consumer group. [8/27/15]
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