Section 1071 Compliance Update for June 2025
The Consumer Financial Protection Bureau (CFPB) has extended the compliance dates for its small...
The Power of Mystery Shopping: Unlock Your Lending Institution's Potential
In today's competitive financial landscape, understanding the customer experience is paramount for...
Be Prepared for Your Next Regulatory Examination
Financial institutions regularly face regulatory examinations, which can be a complex and demanding...
Tips for Enhancing Effectiveness of Fair Lending File Reviews
While sophisticated statistical methods like regression analysis are pivotal in fair lending risk...
FDIC Risk Review of 2024 & What to Expect in 2025
The Federal Deposit Insurance Corporation (FDIC) was established in 1933 with a core mission: to...
CFPB Withdraws Numerous Guidance Documents: What You Need to Know
The Consumer Financial Protection Bureau (CFPB or Bureau) is undertaking significant action by...
Key Considerations for Banks in Third-Party Risk Management
The Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance...
Compliance Collaboration: Weaving it into the Bank's DNA
In the complex and heavily regulated banking sector, achieving and maintaining compliance, while...
Mitigating Fair Lending Risks: Essential Strategies for All Banks
In the current regulatory landscape, financial institutions are subject to ongoing scrutiny...
Understanding Community Needs: How a Housing Analysis Can Inform Lending Institutions
Lending institutions play a critical role in the economic health of the communities they serve. The...