Links in “Banks”

81 percent of security and risk professionals say their organizations have a significant commitment to risk-based security management, but less than 30 percent actually have a formal risk strategy applied across the enterprise. [7/10]

Adding debt collection to its already massive database; also offers consumers five action letters to use in corresponding with collectors. [7/10]

Over the last 3 years, the median fee for CU overdrafts has risen to $28, while it has remained steady at $30 for bank customers. [7/9]

Not all of the 68 million underbanked have low income and poor credit; many are quickly adopting mobile-based financial services. [7/9]

Bill includes provision to take away redemption period from homeowner if purchaser at the sale finds certain damages, such as boarded up or closed off windows. [7/9]

At a time when more than 60 percent of banks have eliminated free checking accounts, 65 banks and CUs sign a declaration of free checking. [7/9]

There are hundreds of housing markets, rather than a national housing market; hence a program such as the Home Affordable Modification Program (HAMP) may help some markets while hurting others. [7/8]

Short answer: no. But there are steps you can do take to make sure it stays that way. [7/8]

How mid-tier banks are preparing for the Fed-required stress tests, which will be conducted in the fall of 2013. [7/8]

A NJ town that demolished a predominantly minority neighborhood is being sued for "disparate impact," but is arguing that the intent to discriminate must be proved; SCOTUS may not weigh in on this Fair Lending matter after all, as both sides have requested a delay in court proceedings to Aug. 1 to seek a settlement. [7/8]