Links in “Banks”
- Catch-22: Comply with CFPB or HUD?
Quality mortgages safe harbor provisions of CFPB may collide with HUD's disparate impact test. [6/28]
- Bankers’ Top Concern: Regulatory Reform
What keeps bankers up at night? 46% said regulatory reform stemming from the Dodd-Frank Act and the CFPB. [6/28]
- U.S. Bank to Reimburse 50,000 Servicemembers
Vendor risk: $6.5 million settlement on charges that U.S. Bancorp and its vendor failed to tell borrowers about a monthly processing fee and about a bi-weekly payment schedule that created a lag between the timing of deductions and credits to their accounts resulting in late fees. [6/28]
- Third of Customers Consider Their Bank’s Fraud Handling Inadequate
Survey finds a third of consumers donât feel that their bank has a clearly defined process for addressing instances of fraud. [6/27]
- Student Loan Borrowers Face Significant Rate Increase
If Congress doesnât act immediately, interest rates on federally subsidized Stafford student loans will double from 3.4% to 6.8% on July 1;Â 7 million college students facing a large increase in the monthly loan payments at a time when many are already struggling financially. [6/27]
- Have You Captured the Millenial Market?
You know that the millenials are your future, but how do you attract and retain this important segment of your membership? The answer: tech convenience. [6/27]
- Chasing Your SAR into the Black Hole
After you click submit, it can seem like your Suspicious Activity Report disappears into a black hole; here's what happens to them and what your institution can do to improve the process. [6/27]
- Mortgage Reform: Small Servicers v. Small Creditors
The two are not the same. [6/27]
- B of A Auditing Its Law Firms for Cybersecurity
A trend? Audits catching firms "flat-footed." [6/27]
- “Natural Persons” Guidance for Final Credit Ratings Rule
Although issued after the effective date, considered to be well-organized and full of information that could be of great help to credit unions. [6/26]



