Links in “Banks”
- When Should Banks Consider Cloud-based Solutions?
How are clouds categorized, and when do cloud deployments make sense for financial institutions? [10/2]
- Cyber Security: No Longer a Threat to Be Taken Lightly
Cyber security is deemed an essential function during the government shutdown, a reminder that CUs should likewise see cyber security as essential. Here are some resources. [10/2]
- Outlook of Impact of Shutdown on Housing Market
Income verification issues, rattled confidence, but much depends on how long this thing lasts. [10/2]
- Calculating Rescission: Does Saturday Count?
Questionner asks if Saturday is a legal business day when issuing disclosures and calculating 3-day right of rescission. Here's the reply. [10/2]
- Daddy Won’t Be Able to Bail Him Out of This One
VP and mortgage loan specialist used his ties to his father, the chief of the now-failed bank, to make loans in exchange for favors, to bail him out of failed investments, and to purchase his own condominium; fraud nets him 8 years and costs him $6.2 million. [10/2]
- OCC’s Central District Community Banks Show Improvement
Overall, for the 500+ community banks in the central district, there have been fewer delinquencies, lower loan losses, and improved capital levels. [10/1]
- NY Payday Loan Settlement: Restitution and Penalties Are Least of Problems
While restitution and penalties for five companies total just over $300K, one debt-buying company prohibited from collecting on $3.2 million in payday loans. [10/1]
- BYOD: Data Most Vulnerable When on Mobile Devices
Tips for avoiding common pitfalls of bring-your-own-device strategies. [10/1]
- Is CFPB’s Assault on Payday Lenders a Sign of What Is Coming Banks’ Way?
The attacks on payday lenders may be the canary in a coal mine for financial institutions. [10/1]
- While Regulators Remain Open, Other Closures to Adversely Impact Banks During Government Shutdown
While regulators are to remain open, banks are looking at potentially significant impacts due to shutdown, as SBA, FHA and other agencies that make government-guaranteed loans come to a grinding halt. [10/1]
