New year, new growth, new challenges, and maybe even new vendors. If you're in compliance, you've heard of other companies that claim they can help, and you may have seen their software before. In fact, you may even be a subscriber of one of those softwares today. In this post, you'll learn some key questions to consider as you are researching solutions.
Do you know your UDAAP compliance risk? For all types of financial service providers, UDAAP risk management remains a focal point. In this blog, you will learn about a recent UDAAP settlement, and how to prepare for compliance success in 2019.
If you've ever wondered what we really do here at TRUPOINT Partners, or if you've wondered whether we can help you, then this is the post for you. In it, you'll learn exactly how TRUPOINT helps financial institutions comply and grow.
In this season, as kids go back to school and adults begin to prepare for the close of another year, we're going back to compliance basics for a few quick refreshers. On our list: Regression Analysis. In this post, you'll learn everything you need to know about Fair Lending Regression Analysis. In it, you'll learn who Regression Analysis is a good fit for, when and why to consider it, and much more. In keeping with the back-to-school theme, you'll also have a chance to get a refreshed, updated Fair Lending Regression Analysis Primer.
In September, the DOJ released an annual Fair Lending report. The report showcased some of the Department's priorities for the past 12-18 months. Here are those priorities, plus some additional data points you need to know. The top takeaway: Redlining compliance is still a primary area of scrutiny.
The CFPB has issued an annual Fair Lending report since the Bureau launched the Office of Fair Lending and Equal Opportunity, totaling four since 2012. This year's 2015 summary, published in late April 2016, provides the industry an update on the Bureau's observations and supervisory activity and enforcement actions as well as their focus going forward. Below, we provide a quick summation of the report.