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The federal complaint against Castle & Cooke Mortgage issued by the Consumer Financial Protection Bureau looks to be the first of many enforcement actions taken against mortgage originators for failing to follow new loan officer compensation rules.

Some notes from around the world, or at least a world as large as the inside of the Ottawa Convention Center, where WOCCU recently held its World CU Conference.

Edward Speed, a recently retired CEO of a $2 billion-asset credit union, explains why rigid operations kill front-line performance.

Ron Schmidt, CPA, with CBS Certified Public Accountants LLC, explains why an audit is about more than just the numbers.

Modern banking exposes our financial system to considerable risks. Government attempts to contain these risks exacerbate them. Here’s a proposed alternative: A “Depositary” that stores money for a fee without lending.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Sens. Elizabeth Warren, D-Mass., John McCain, R-Ariz., Maria Cantwell, D-Wash., and Angus Kin, I-Maine proposed a bill that would reinstate the Depression-era Glass-Steagall Act, and analysts believe the legislation will not pass Congress.

The use of social media channels promotes transparency, enhances customer service and helps establish a senior bank executive as the most accurate and trusted source of company information.

Join Bankthink and series contributors in discussing the types of products and services tomorrow’s banks might offer.