Special Purpose Credit Programs: Are They Right For Your Institution?
As lenders face increasing scrutiny from the regulatory and enforcement agencies with regard to...
3 Benefits of AI in Lending: A Conversation with ChatGPT
Artificial Intelligence, or AI (also referred to as “machine learning”), is here to stay. The...
Fair Lending Redlining: The Nuances and Challenges of Detecting and Correcting Problems
In our previous post on the topic of redlining, we discussed how redlining is an issue that can...
The Role of Fair Lending Risk Assessments in Banking Compliance
Financial institutions are under constant and increasing scrutiny from regulators to manage fair...
The Hidden Dangers of Fair Lending Redlining: How It Can Harm Your Bank and Your Customers
You know the importance of ensuring compliance with fair lending regulations. But have you...
Beginning of the Year Checkup: What to Expect in 2023
As we move out of the holiday season and prepare for the new year, we wanted to take a moment and...
Implementing CECL: 6 Key Considerations for Risk and Compliance Teams
You are no doubt aware of the significant changes with the implementation of the Current Expected...
Uncharted Waters: 4 Challenges Facing Small Business Lenders Under the Proposed CFPB Rule
Overview
Earlier this month, there was a major development that could prove to be very significant...
Fintech 2.0 and Beyond: ABA Insights Into Innovative Technology in Banking
In early May 2021, the American Bankers Association held their ABA Innovation Expo virtual...
May 2021 Economic Outlook for Banks
The U.S. economy grew at an annual rate of 6.4% in the first quarter. Growth was robust, but below...