Fair Lending is a key area of regulatory scrutiny, and one that garners a lot of public attention. In this regulatory environment, it really pays to know your risk. One of the best ways to gain a clear and objective understanding of your Fair Lending compliance risk is through a Fair Lending risk assessment. Learn everything you need to know about them and get a free Fair Lending risk assessment matrix here!
Some areas of banking compliance are consistently seen as more difficult, more complex, more confusing, or more vague than others. While individual compliance pros may have a personal list of the most challenging areas, here are 7 compliance topics that are widely regarded as complex - with tips and tricks to help make them easier for you!
If you’re reading this, chances are you’re aware that partnering with a vendor can deliver valuable efficiencies, but also presents risks. In this post, you’ll learn some of the top risks that third-party vendors can pose to your FI.
Since the Final HMDA Rule was released in 2015, the banking sector has undergone dramatic changes. In this article, you’ll learn how the extended HMDA data, sometimes referred to as HMDA Plus data, impacts Fair Lending monitoring and analysis. Navigating this rapidly evolving compliance landscape is a challenge; this post will also show you a few ways that best practice institutions are responding.
Bitcoin. Watson. Millennials. These are just a few of the buzzwords that have come to embody the important changes facing the financial industry. As the end of the year approaches, here are 5 banking trends to watch in 2018 and beyond!