Board Reporting: FAQ for Financial Institutions
Answers to some of the most frequently asked questions about board reporting at banks, credit unions, and other financial institutions.
Mortgage Company Sued by CFPB After Ignoring Compliance, Audit Warnings & a Whistleblower Complaint
The CFPB is suing a mortgage company in CT for engaging in unlawful mortgage practices that allegedly violated the TILA, FCRA, ECOA, MAP Rule, and CFPA.
Using an Employee Intranet to Provide Virtual Training and Education in a COVID-19 World
An employee intranet is an effective and safe solution for providing training and education in a COVID-19 world.
Lending Compliance 2021 Outlook: What to Expect from the Biden Administration
How will things change during the Biden Administration? Insiders predict aggressive rule writing and enforcement in our 2021 lending compliance outlook.
Managing Complaints: The Role of the Three Lines of Defense
An effective complaint management program should leverage all three lines of defense to effectively manage this important customer contact.
Brentwood-based Ncontracts buys QuestSoft Corporation
Brentwood-based software firm Ncontracts has purchased a California tech company.
Common Credit Union Fair Lending Mistakes & How the NCUA Decides Which Institutes to Examine
What are the most common fair lending mistakes at credit unions? How does the NCUA decide which credit unions will be examined?
Ncontracts Names Cathy Guthrie EVP Human Resources
Ncontracts Names Cathy Guthrie EVP Human Resources to start off the new year of 2021!
3 Ways Automation Can Streamline Audit Management Programs
While there’s not much an auditor at a financial institution can do to decrease the number of audits, it is possible to free up time if you...
RegTech vs. SupTech: What You Need to Know
RegTech vs. SupTech: What You Need to Know
Ncontracts Acquires QuestSoft Corporation
Ncontracts combines forces with leader in lending compliance to create an end-to-end risk and compliance portfolio for the financial services industry
Ncontracts Acquires QuestSoft
Ncontracts acquires QuestSoft, a leading provider of compliance software and services for the banking, credit union, and mortgage lending industries.
A Guide to 2020’s Top Fair Lending Enforcement Actions, Fines, and Lawsuits
Let us revisit some of the impactful fair lending enforcement actions, fines, and lawsuits of 2020. These blogs break down what went wrong and how...
Top 10 Compliance Blogs of 2020
Continuing with the theme, here are 10 of our most popular compliance-related blog posts for 2020.
All the Risk News That’s Fit to Print: Ncontracts’ Top 2020 Risk Management Blogs
We’ve gathered our most popular risk management blog articles—selected from over 150 written this year—to help inform your risk management efforts.
3 Top Takeaways from the 2020 Fair Lending Interagency Webinar
The Federal Reserve hosted representatives at the interagency webinar from the regulatory agencies to share the top 3 fair lending takeaways and trends.
Third-Party Breach Exposes Treasury Emails—And That May Be Just the Beginning
We were reminded just how insidious third-party vendor attacks can be when Russian hackers infiltrated the emails of the Treasury and Commerce Departments.
Customer Complaints & Poor Vendor Oversight Lead to $110 Million Settlement
Customer complaints shouldn’t be ignored and vendor oversight is a must, or you'll end up like Nationstar with a $110 million settlement.
Are You Prepared to Defend Your PPP Lending?
Regulators are examining PPP lending, be sure your financial institution is prepared to defend your loan decisioning.
Risk Culture vs. Compliance Culture: What’s the Difference?
Risk culture and culture of compliance are common buzzwords these days. What’s the difference and what does that mean for your institution?
Let Me Tell You a Story
Let us tell you a story about a bank that works hard to comply with fair lending laws to be there for the people of Far, Far Away.
Internal Audit Failures Costs JP Morgan $250 Million
JP Morgan failed to maintain adequate internal controls and internal audit over its fiduciary business and it cost them $250 million.
Lending Compliance: Building Up the Three Lines of Defense
A financial institution’s lending compliance management system must effectively guard the FI against unnecessary risk with these three lines of defense.
Weigh the Risk Before Cutting These Key Costs, OCC Says
OCC is warning banks to be careful when cutting funding for key control functions and processes.
New Redlining Suit: Are You Making the Same Mistake as Redfin?
Redlining made news again when the NFHA and other fair housing organizations filed a suit against Redfin, an online real estate service.
What Examiners are Looking for: Board Oversight
Examiners aren’t just looking to see what’s right with board management. They also want to uncover anything that’s gone wrong.
Ncontracts Launches New Podcast - The Ncast
The leader in integrated risk management solutions launches a new podcast focused on the people and issues on the front lines of risk and compliance
Ncast Podcast Launches with Remote Exam & Cyber Risk Discussion with ABA’s Paul Benda
Today we’re excited to announce the launch of our new weekly podcast, the Ncast! The Ncast Podcast launches with Remote Exam & Cyber Risk Discussion
What Went Wrong? CFPB Fines Bank $200,000 for HMDA Errors
This week we bring you a reminder that the CFPB could fine your bank $200,000 for HMDA data errors.
HMDA Data Scrubbing FAQ
Here are the answers to your most frequently asked questions about HMDA data scrubbing.