2018, FDIC, Financial Technology and Risk Management

LendingClub Settles With SEC, DOJ

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. Attorney Alex Tse. “We So, Now What?

Lending

Lending Fraud Management San Francisco

CFPB gives boost to use of alternative data and machine learning

CFPB Monitor

AUGUST 8, 2019

The letter was conditioned on Upstart’s agreement to a model risk management and compliance plan that required it to analyze and address risks to consumers, and assess the real-world impact of alternative data and machine learning. Both task forces held their first meetings in June.

Data

Data Lending Compliance Policies

Community Banking Brief

LendingClub Settles With SEC, DOJ

CFPB gives boost to use of alternative data and machine learning

Webinars

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