How to Prepare for a Fair Lending Risk Assessment
From changes to the Real Estate Settlement Procedures Act to updates within Regulation Z, credit unions have much more to comply with when it comes to their fair lending practices.
Six Ways To Expedite and Improve Loan Analysis
One of the most important functions in a financial institution is loan analysis. Historically, financial institutions were only able to analyze their loan portfolios through a series of databases and spreadsheets. This painstaking process could take months and had limited outputs.
Fair Lending Continues with CFPB Considering Changes to HMDA Data
Fair Lending and HMDA Data: Today the CFPB announced new information they are considering requiring lenders to collect for Home Mortgage Disclosure Act (HMDA) data. This announcement is one of many that the CFPB has released in regards to their increased focus on Fair Lending regulations. So what...
Painting a clearer picture – Insights on Data Visualization
Did you know that Twitter records 6,000 “tweets” every second? That equates to 350,000 tweets sent per minute, a whopping 500 million tweets per day and around 200 billion tweets per year. Did you know that Google instigates 40,000 search queries every second on average, le...