Owned by 27 State Bankers Associations, Compliance Alliance monitors the needs of bankers to create, update and continually provide the most sought-after banking regulation resources in the industry.
Our products and services include:
Compliance Alliance provides unique access to tools and resources designed specifically to assist banks in keeping up and staying ahead in an ever-changing regulatory environment. Learn more about becoming a Compliance Alliance member and see how we can help your bank thrive.
This model form includes the MLA toll-free telephone number language.
Free DownloadThis is a brief overview of the Department of Defense's interpretation regarding the oral disclosure requirement. This tool includes sample language that can be used when providing MLA disclosures orally in person or through a toll-free telephone number.
Free DownloadToday the Consumer Financial Protection Bureau (CFPB) took action against online lender Flurish, Inc., doing business as LendUp, for failing to deliver the promised benefits of its products. The CFPB found that the company did not give consumers the opportunity to build credit and provide access to cheaper loans, as it claimed to consumers it would. The Bureau has ordered the company to provide more than 50,000 consumers with approximately $1.83 million in refunds. The company will also pay a civil penalty of $1.8 million.
In a further innovation of its credit risk sharing program,Freddie Mac (OTCQB: FMCC) announced today a new front-end credit risk transfer offering, Freddie Mac Deep MI CRT. Through a forward credit insurance policy by a panel of mortgage insurance company affiliates, this pilot structured transaction provides additional coverage beyond the primary mortgage insurance on 30-year fixed-rate mortgages with 80-95 percent LTVs -- which is placed immediately upon their sale to Freddie Mac. Transactions are executed via a competitive, transparent auction process.
Join us for a live demonstration of the benefits of membership with Compliance Alliance. This virtual, interactive tour will provide an in-depth look at each of our tool types and resource categories. You will also learn more about the additional services that Compliance Alliance offers member…
Join us for a live demonstration of the benefits of membership with Compliance Alliance. This virtual, interactive tour will provide an in-depth look at each of our tool types and resource categories. You will also learn more about the additional services that Compliance Alliance offers member…
We have been very satisfied with the service and consulting that [Compliance Alliance has] for community banks. For our dues, we get up to date written policies, timely updates on changes in regulation and unprecedented consulting services. This is as good as hiring the most expensive law firm at a fraction of the cost."Mark Williamson
We were not 100% sure this was the way to go, so we signed up for one year. Now we know this is the only way to go and have signed-up for 3-years. For the smaller bank it is like having an entire Compliance Department without the huge overhead!"Suzette M. LaJoie
Compliance Alliance has the best resources, tools, and employees of any compliance site I have ever used. The Tools and Resources are current, easily found, and a tremendous help to any compliance officer trying to start-up a department or updating documents, policies, procedures and trainings for all of the constant changes."Glenn Lamp