Banker's Compliance Consulting Blog

Truth In Lending: Rescission Period

Truth in Lending (Regulation Z) provides borrowers a “cooling off period” for certain types of...

Compliance Management Systems: Risk Assessments

One of the pillars of a Compliance Management System (CMS) is Risk Assessment. Before you can even...

Closing Disclosures & Third Parties

When it comes to the Closing Disclosure (CD), things can get a little confusing when third parties...

Components of a Money Laundering Scheme

Frontline personnel have a unique vantage point for identifying potentially suspicious activity...

HMDA Action Taken Date

Under Regulation B, when an applicant withdraws an application, there is no requirement to send the...

Section 1071 Firewall

The Section 1071 Rule requires financial institutions to implement and maintain a “firewall” that...

Qualified Mortgages & Safe Harbor

The purpose of Regulation Z’s Ability to Repay and Qualified Mortgage (QM) requirements are all...

HMDA Demographic Information: Don’t Touch It

When an applicant provides their demographic information, we like to tell people, “U Can’t Touch...

Combatting Elder Financial Exploitation

In December 2024, the Agencies issued an Interagency Statement on Elder Financial Exploitation...

Regulation E Error Resolutions: Filter and Funnel

Every institution has their Regulation E error resolution rocket scientists. These people know...