Incident Tracking: 4 Benefits & 5 Best Practices
Incident tracking is an important part of any vendor management system with many benefits and can be an effective tool when handled properly.
CFPB Fines Mortgage Company $150,000 for Deceiving Veterans: What Went Wrong?
CFPB fines a California-based mortgage company $150,000 after sending veterans mailers with misleading or deceptive statements.
Your Risk Assessment Process Questions Answered
What really goes into the risk assessment process? Your questions answered.
Making Lending Fair for Everyone
Fair lending means lending should be fair for everyone. Here are a few steps that financial institutions should take to help ensure everyone a...
Misinterpreted Cyber Guidance & 4 Tips for Avoiding the Same Mistake
It is easy to misinterpret cyber guidance, but it can be avoided. Here we share four tips to help you avoid these mistakes.
FIs & Consumer Groups Agree: New GSE Mortgage Fee Is Not Fair
Financial institutions and consumer groups are in an uproar and both agree the new GSE fee on mortgage refinances is not fair.
Risk Management Tips for Avoiding Ransomware
The stories about ransomware never seem to end. Learn risk management tips for avoiding ransomware at your financial institute.
Does Your FI Need an Audit Committee?
Does your FI need an audit committee as a regulatory requirement or just a best practice? It depends on the size and type of your FI.
Ncontracts Once Again Recognized by Inc. Magazine as One of America’s Fastest Growing Companies
Ncontracts recognized by Inc. Magazine as one of America's Fastest Growing Companies showcasing rapid growth and expansion of the customer base.
Fair Lending Enforcement Is Heating Up: Avoid These 3 Mistakes
It’s been a busy summer for fair lending compliance enforcement. Both the CFPB and the Justice Department have been cracking down on Fair Lending...
Board & Management Fail: Operational Risk Management Weaknesses Leads to $80 Million Fine
Capital One's board and management correct operational risk management weaknesses that led to $80 million fine after database was breached.
9 Risk Management Failures That Led to Charges Under NY’s Cyber Law
Risk management failures exposing private customer data lead to charges of a title company based in Nebraska under NY's cyber law.
COVID-19 Loan Relief: 3 Risk Management & Fair Lending Tips
Financial institutions have been working with borrowers struggling as a result of the COVID-19 pandemic. Here are 3 risk management and fair lending tips.
Vendor Due Diligence: Don't Make This SOC 2 Report Mistake
Make sure to engage in due diligence with your third-party vendor and avoid critical SOC 2 report mistakes.
6 Tips for Telling Your PPP Fair Lending Story
It is important to be able to tell your Paycheck Protection Program (PPP) Fair Lending story. We’re giving you 6 key tips to help you do it.
Improve Your Audit Plan With 5 Key Risk Management Principles
It can be hard to figure out where an audit plan should begin. Here are five key risk management principles to focus on to improve your audit plan.
5 Headlines That Illustrate the Future of CRA Compliance
When it comes to Community Reinvestment Act (CRA) compliance, the pressure is on! Here are 5 headlines that provide a peek at the future of CRA compliance.
5 Major Trends Reshaping Today's Lending Compliance Landscape
The financial landscape is evolving, pushed by compliance pressure and changing consumer behavior. Check out this infographic of 5 trends reshaping lending
9 Key Observations from the 2013 HMDA Data By The Numbers
The Federal Reserve recently released analysis of the 2013 HMDA data release. Here are 9 key observations from the HMDA data analysis.
9 Reasons Why the Best CEOs Will Thank their Compliance Officers
Here are 9 reasons why the best CEOs, managers, and Board are thankful for their compliance team during Thanksgiving, and all 12 months of the year.
4 Ways to Improve Risk Management When Risk Is High
Risk management is an active and ongoing process. Here are four ways to improve risk management when risks are high.
Fair Lending & PPP: Who Tells Your Story?
The Paycheck Protection Program is becoming a hot topic in Fair Lending. Who is going to tell your PPP Fair Lending story?
Which Hamilton Character Is Your Right-Hand Man?
Take this fun quiz to find out which Hamilton character would be your right-hand risk manager.
Ncontracts Names Guy Weismantel EVP of Marketing
Brentwood, TN., July 20, 2020. Ncontracts announced that effective July 15, 2020, Guy Weismantel has joined the company as Executive Vice President of...
Internal Audit 101: Audits vs. Compliance Reviews
The difference between audits versus compliance reviews. Both require expertise and surface systemic issues. But there are several key differences.
OCC Says Fair Lending Risk Is on the Rise
The OCC notes that overall compliance risk is increasing, calling out Fair Lending risk, in particular, is on the rise.
Did Your Vendor Need PPP Funds?
Did one of your critical third-party vendors need Paycheck Protection Program (PPP) funds?
Business Continuity: 7 Areas to Evaluate Part-Way Through A Pandemic
Regularly evaluate your operations and business continuity management to ensure plans are performing as expected through a pandemic.
Second “Buy Here, Pay Here” Auto Dealership in Hot Water Over Fair Lending
Second case of “buy here, pay here” auto dealership in hot water with authorities for Fair Lending violations.
Ncontracts Launches New Automated Audit Management Tool, Nverify
Brentwood, TN., July 01, 2020. Ncontracts is excited to announce the launch of its much-anticipated audit management tool, Nverify.