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Are These Top 3 Compliance Priorities for 2017 on Your List?

Are These Top 3 Compliance Priorities for 2017 on Your List?

2016 is coming to a close, and 2017 preparations are in full swing. Read this blog to learn 3 top compliance priorities for next year. Are they on your lis…

Dec 15, 2016 2 min read
Operational Risk - Foreseeing the Unforeseen Costs of Outsourcing

Operational Risk - Foreseeing the Unforeseen Costs of Outsourcing

Operational risk is the risk of financial loss when processes, people or systems fail. It can hurt a financial institution in many ways, including these...

Dec 10, 2016 2 min read
Credit Risk - You’ll Take the Blame If Your Vendor Doesn’t Have the Credit

Credit Risk - You’ll Take the Blame If Your Vendor Doesn’t Have the Credit

See the definition of credit risk.

Dec 7, 2016 1 min read
5 Redlining Risks Your Compliance Team Can't Afford to Ignore in 2017

5 Redlining Risks Your Compliance Team Can't Afford to Ignore in 2017

The regulators have sent a clear signal in 2016: Redlining is a focal point. Here are 5 Redlining risks your compliance team can't afford to ignore in 2017…

Dec 1, 2016 4 min read
5 Fatal Flaws That Will Destroy Your Fair Lending Compliance Program

5 Fatal Flaws That Will Destroy Your Fair Lending Compliance Program

Over the years, we've noticed these 5 fatal flaws that can jeopardize your Fair Lending risk management and catch the regulators' attention. Learn more tod…

Nov 17, 2016 4 min read
Compliance 101: Defining REMAs, Assessment Areas & More
CRA

Compliance 101: Defining REMAs, Assessment Areas & More

Learn the definition of key terms like REMA, Assessment Area & Performance Context, which are essential for Fair Lending, CRA and Redlining compliance...

Nov 7, 2016 4 min read
Community Action Groups Pressure Banks with Fair Lending Data Analysis

Community Action Groups Pressure Banks with Fair Lending Data Analysis

Community action groups are taking the lead of regulators and using Fair Lending data analysis to put pressure on local lenders. Here's how to defend yours…

Oct 13, 2016 4 min read
5 Redlining Compliance Facts Identified in the Fair Lending Hot Topics Webinar

5 Redlining Compliance Facts Identified in the Fair Lending Hot Topics Webinar

All year, Redlining risk has been a regulatory focal point, including at this year's annual Interagency Fair Lending Hot Topics Webinar. Learn the key...

Oct 7, 2016 4 min read
This Year's HMDA Data is Now Public! Here's What to Do About it.

This Year's HMDA Data is Now Public! Here's What to Do About it.

The annual release of public HMDA data always sparks discussion and delivers insight. This year is no different. Here's are five steps to take now!

Sep 30, 2016 3 min read
Your Vendor Shortlist is Not a State Secret

Your Vendor Shortlist is Not a State Secret

Keeping your vendor shortlist a secret may seem like a good idea, but protecting it only serves to limit your options as the buyer.

Sep 26, 2016 2 min read
Regulators Use Mystery Shoppers for $10.6M Fair Lending & Redlining Settlement

Regulators Use Mystery Shoppers for $10.6M Fair Lending & Redlining Settlement

The CFPB is now using mystery shoppers to identify Fair Lending and Redlining risk, resulting in a recent $10.6M settlement. Learn about this new...

Aug 19, 2016 3 min read
The Real Cost of Compliance for Lenders [Infographic]
CRA

The Real Cost of Compliance for Lenders [Infographic]

The cost of compliance for banks and lenders in 2016 is high. Learn key facts and figures about the real cost of compliance with this free infographic!

Aug 11, 2016 2 min read
5 Basics of Strong Fair Lending Compliance Management in 5 Minutes

5 Basics of Strong Fair Lending Compliance Management in 5 Minutes

Fair Lending compliance can be complex, but there are 5 basic elements that any strong compliance management system should have. See how yours compares!

Jul 21, 2016 2 min read
5 Questions to Learn if Fair Lending Regression Analysis is Right for You!

5 Questions to Learn if Fair Lending Regression Analysis is Right for You!

Fair Lending Regression Analysis is a powerful compliance tool, but it's not right for everyone. Ask these 5 questions and learn if Regression is right...

Jul 14, 2016 3 min read
Compete with the CFPB for Complaints...It's Good Business!

Compete with the CFPB for Complaints...It's Good Business!

The CFPB is actively seeking consumer complaints - are you competing for access to those complaints from your consumers? You should be. Learn why.

Jun 29, 2016 5 min read
Beware Fair Lending Risks Associated with Second Reviews & Exceptions

Beware Fair Lending Risks Associated with Second Reviews & Exceptions

A recent HUD settlement highlights potential Fair Lending risks related to second reviews & exceptions. Learn about the agreement and our observations.

Jun 22, 2016 3 min read
5 Reasons to Smile About Regulatory Compliance

5 Reasons to Smile About Regulatory Compliance

If you are headed to San Diego for the ABA Regulatory Compliance Conference, please visit TRUPOINT in booth 415. Here are 5 things we're looking forward to…

Jun 9, 2016 2 min read
Four Ways to Ensure Your Vendors Are Prepared for Disaster

Four Ways to Ensure Your Vendors Are Prepared for Disaster

If you’re dependent on a third-party vendor that can’t quickly recover from a disaster, there’s a major gap in your own business continuity plan.

Jun 9, 2016 1 min read
Fair Lending 101: Pricing is Only One Piece of the Puzzle

Fair Lending 101: Pricing is Only One Piece of the Puzzle

Some compliance officers think Fair Lending is all about pricing risk, but it's just one piece of the puzzle. Here are the 8Fair Lending risk to know!

Apr 20, 2016 5 min read
Limited English Proficiency & Consumer Compliance: Unpeeling the Onion

Limited English Proficiency & Consumer Compliance: Unpeeling the Onion

Limited English Proficiency (LEP) is an important consideration in Fair Lending compliance. Here, we'll share regulatory perspectives and our advice.

Mar 30, 2016 5 min read
A Quick Guide to the CFPB's Supervisory Highlights Report

A Quick Guide to the CFPB's Supervisory Highlights Report

The CFPB's Winter 2016 Supervisory Report provides valuable guidance and insight to lenders about their priorities and the direction of the industry.

Mar 22, 2016 3 min read
9 Regulatory Priorities for the Next 2 Years, from the CFPB

9 Regulatory Priorities for the Next 2 Years, from the CFPB

From consumer reporting to small business lending, here are 9 regulatory compliance priorities for the next 24 months that the CFPB outlined.

Mar 17, 2016 4 min read
$2.8M Redlining Settlement Impacts Community Banks

$2.8M Redlining Settlement Impacts Community Banks

A recent $2.8M HUD redlining settlement with a $350M bank highlights the need for strong redlining risk management system. Learn more here!

Mar 9, 2016 3 min read
9 Keys for a Successful Fair Lending Compliance Management Program

9 Keys for a Successful Fair Lending Compliance Management Program

Developing a strong Fair Lending compliance management program can be difficult. Here are the 9 key elements of a strong compliance program!

Feb 18, 2016 3 min read
CFPB Interprets Statute of Limitations & Other Stories Every Compliance Officer Needs to Read

CFPB Interprets Statute of Limitations & Other Stories Every Compliance Officer Needs to Read

These are three developing compliance stories that all compliance officers need to know. You won't want to miss this!

Feb 4, 2016 4 min read
This is How We Guarantee Compliance Success for Our Clients

This is How We Guarantee Compliance Success for Our Clients

Ever wondered what TRUPOINT does, why we do it, and how we add value? Here's some detail on our approach to compliance analysis and consulting.

Jan 21, 2016 3 min read
5 Regulatory Compliance Priorities for 2016 and Beyond
CRA

5 Regulatory Compliance Priorities for 2016 and Beyond

Here are 5 regulator priorities for 2016 and beyond - use this insight to plan your compliance goals for the new year!

Jan 6, 2016 4 min read
A Brief Review of Recent News Shows Redlining Risk is Red-Hot

A Brief Review of Recent News Shows Redlining Risk is Red-Hot

This survey of recent redlining news shows that it's a compliance priority for the regulators, and will continue to be a focal point in 2016.

Dec 8, 2015 4 min read
Black Friday, Card Creepers, and Aluminum; Oh My!

Black Friday, Card Creepers, and Aluminum; Oh My!

A glimmer of hope in this hackable world began to shine on October 1, 2015, when the issuance of EMV “chipped” credit cards became mandatory. These chips..

Nov 19, 2015 2 min read
The Auditors are Coming! The Examiners are Coming!

The Auditors are Coming! The Examiners are Coming!

If you haven’t considered switching to an automated process, you may want to before your next audit or exam. Think about how quickly you can create to do

Nov 10, 2015 1 min read