Banker's Compliance Consulting Blog

Flood Insurance Extended

For those of you that keep an eye on the never-ending saga of the National Flood Insurance Program...

Don’t let a “thank you” get your mortgage lenders in trouble

Thank you. It’s one of the most valuable sentiments in any language, but it’s particularly...

HMDA: Denied or Approved Not Accepted?

Charging Per Overdraft

Question: We currently have a daily limit on the number of overdrafts we charge but are going to...

Private Flood Insurance: Disparate Impact?

What do fair lending and disparate impact have to do with the new private flood insurance rules?

Are we required to make note of this on the Adverse Action Notice?

Question: We pulled a credit report and although the applicant’s credit history is not good, we did...

Exceeds the Maximum NFIP Deductible

Question: What if we have a private policy that meets all of the Biggert-Waters requirements except...

Did we violate Section 8 of RESPA?

Question: I recently had lunch with a real estate agent to talk about doing some co-marketing. We...

Regulation E: Statute of Limitations?

Can a customer dispute a debit card transaction or an ACH a year or longer after it happened?

Proposed HMDA Changes

Yesterday, the CFPB issued a proposal that seeks to make changes to the existing HMDA Rule. They...

Private Flood Insurance: Compliance Aide Statement Confusion

The industry is beginning to adapt to the New Private Flood Insurance Rules as we get closer to the...