Compliance

Atlanta-based SunTrust Banks Inc. has announced that it will offer the Experian IDnotify identity protection for free to current and new consumer customer after discovering a data breach by a former employee
Atlanta-based SunTrust Banks Inc. has announced that it will offer the Experian IDnotify identity protection for free to current and new consumer customer after discovering data theft by a former employee.   The company stated that the theft impacted 1.5 million clients and included contact data... Keep Reading....
Primary Residential Mortgage Inc. (PRMI) has announced that Senior Vice President and General Counsel Darryl Lee has been promoted to Executive Vice President and Chief Legal Officer at PRMI
Primary Residential Mortgage Inc. (PRMI) has announced that Senior Vice President and General Counsel Darryl Lee has been promoted to Executive Vice President and Chief Legal Officer at PRMI.   “Darryl’s fantastic contributions to PRMI, both in legal and his participation in enterprise strategic... more
Wells Fargo is preparing itself for fines as high as $1 billion from a pair of federal regulators
  Wells Fargo is preparing itself for fines as high as $1 billion from a pair of federal regulators.   The San Francisco-based financial institution announced this news today in its first quarter financial results, noting that its results may need to be recalculated when the penalties are enacted... more
Wolters Kluwer has announced that Allegiance Bank, headquartered in Houston, Texas, has selected the company’s CRA Wiz and Fair Lending Wiz solutions to help the bank manage fair lending compliance across its entire organization
Wolters Kluwer has announced that Allegiance Bank, headquartered in Houston, Texas, has selected the company’s CRA Wiz and Fair Lending Wiz solutions to help the bank manage fair lending compliance across its entire organization. Allegiance Bank operates 16 full-service banking locations and one... more
The Consumer Financial Protection Bureau (CFPB) has issued its latest Request for Information (RFI), this time focusing on how it processes consumer complaints and inquiries
The Consumer Financial Protection Bureau (CFPB) has issued its latest Request for Information (RFI), this time focusing on how it processes consumer complaints and inquiries.   The CFPB’s process for handling consumer complaints has been the subject of criticism from the financial services,... more