(Originally published in ABA Risk and Compliance, January/February 2025) On September 17, 2024, the OCC, Federal Deposit Insurance Corporation (FDIC), […]
Category: Blogs
CFPB and DOJ Issue Joint Letter on SCRA Interest Rate Relief
By Ryan Labriola, Senior Manager On December 5, the Consumer Financial Protection Bureau (CFPB) and the United States Department of […]
The Financial Services Outlook in A Second Trump Administration
By Lynn Woosley, Managing Director, Asurity Advisors As a result of the November 2024 elections, the new year will bring […]
CFPB and DOJ Uncover Differential Treatment in Small Business Lending: Implications for Banks and Necessary Actions
By Senior Consultant, Melissa Ettel A recent study by the Consumer Financial Protection Bureau (CFPB) and the U.S. Department of […]
Regulators Act Against Discriminatory Bias In Appraisals And Valuations
By Lynn Woosley Bias in appraisals and valuations continues to be a regulatory hot topic. Several recent developments relate […]
CFPB Sets Its Sights on “Repeat Offenders”
By Ryan Labriola The CFPB is focusing its attention on financial services companies that have previously entered into formal agreements […]
Putting All Your Eggs in One Basket: The Compliance Risks of Concentrations
by Lynn Woosley, CRCM (Originally published in ABA Risk and Compliance, May/June 2024) Sources of Concentration Risk Banking regulators have […]
Empower Your Board, Empower Your Bank: The Art of Effective Board Reporting
By Grace Brasington and Lynn Woosley (Originally published in ABA Risk and Compliance, July/August 2024) In today’s regulatory environment, bank […]
Credit Algorithms, Disparate Impact, and The Search For Less Discriminatory Alternatives
(Originally published in ABA Risk and Compliance, July/August 2023) Bill Fair and Earl Isaac created the first modern credit scoring […]
HMDA and CRA Submission Season – Remembering to Keep Sight of the Forest for the Trees
As the March 1 submission deadlines loom for annual CRA and HMDA data reporting, Compliance Officers can sometimes feel a […]