Links in “Banks”

House Financial Services Committee is calling witnesses to a Sept. 10 hearing on the credit reporting system. [9/9/14]

The CFPB is inviting comments regarding its data collection practices, what kind of data should be collected, and the burden imposed through information collection. Now is the time to tell them how you feel. [9/9/14]

Here are four nontraditional retail banking providers you should keep your eye on. Whether you consider them competitors or partners, they’re certainly shaking things up. [9/8/14]

Five takeaways from the recent Risk Management Summit. [9/8/14]

Congressional Budget Office estimates that replacing Fannie Mae and Freddie Mac with private insurance would save the government billions of dollars over the next 10 years. [9/8/14]

The redefault rate of loan modifications remains near 30%. However, the success rate of private-money modifications is huge. Here's why. [9/8/14]

Expect the unexpected and other useful consumer tips from the FDIC's Summer 2014 Consumer News are excerpted here. [9/8/14]

One of the root causes of problems in a financial institution’s Bank Secrecy Act and anti-money laundering programs is a weak culture of compliance. In this video, AffirmX’s Senior Analyst Coppelia Padgett explains what a compliance culture is and what to do if it is lacking at your financial institution, especially in light of FinCEN's recent advisory. [9/5/14]

The possible breach at Home Depot may be bigger than the Target breach. Here's what some credit unions are doing to proactively inform members about what the possible breach may mean. [9/5/14]

Rather than wait for a loan borrower called to military service to request relief under the Servicemembers Civil Relief Act, the Department of Education (ED) announces new procedures that allow servicers to proactively check their database of borrowers against the Department of Defense's database to identify candidates for a servicemember's rate reduction. [9/5/14]