Banker's Compliance Consulting Blog

HPML Baggage

Do you make high priced mortgage loans (HPMLs)?

BSA Compliance: Helpful Resources

Information to help with BSA compliance

Money Laundering/Terrorist Financing Red Flags

If you are in the BSA world, you’ve likely been seeing the acronym “ML/TF” quite a bit recently. If...

TRID Closing Disclosure:

Sales Price v. Estimated Property Value v. Appraised Property Value

Home Mortgage Disclosure Act (HMDA) Documentation

If you are an HMDA Bank, you are fully aware of how the CFPB’s 2018 HMDA Rule shook things up! It...

Collecting HMDA Demographic Information

HMDA defines an application as …an oral or written request for a covered loan…. HMDA also requires...

Loan Application vs. Loan Inquiry

Knowing when you have a loan application and when you have a loan inquiry is the foundation of...

Commercial Lenders & Compliance

A common area of confusion is whether the Regulation B appraisal notice requirements apply to...

Focus on Complaints

Back in February, Acting Director of the CFPB Dave Uejio stated one of his top priorities is making...

Providing the Loan Estimate

The TRID rules are often overwhelming for new lenders. Jerod answers the common question “when does...

BSA/AML Exam Manual Revisions

BSA/AML Exam Manual Revisions

CFPB Issues Interpretive Rule on Sex Discrimination

On March 9, 2021, the CFPB issued an interpretive rule regarding sex discrimination under the...

HMDA: Mixed-Purpose Loans

A loan, often times, has multiple purposes. For example, you might make a loan to refinance a...

TRID Changed Circumstances

When you encounter a changed circumstance, what information are you required to update on a revised...

Regulation E Unauthorized Transactions

Regulation E error resolution rules are tricky! This is also an area that has experienced recent...

BSA/AML & Cannabis

On February 18th, we hosted a webinar on “BSA/AML and Cannabis”. This webinar looked at the...

HMDA: Large vs. Small Filers

Are you a HMDA-reporting bank? If you are, you are either a large filer (meaning you report ALL the...

Newly Proposed Private Flood Insurance Q&As

On March 11, 2021, the Agencies announced new proposed guidance related to flood insurance in...

HMDA

Resources to help with HMDA compliance HMDA compliance is tough! With all the data you are...

Reporting Income for HMDA

If you are a HMDA bank, you know that collecting and reporting the required data can be a...

BSA/AML Exam Manual Changes

On February 25, 2021, the FFIEC announced revisions to the BSA/AML Examination Manual....

Closing Disclosure: Section B vs. Section C

Are you confused by Section B and Section C on page two of the Closing Disclosure? If so, you’re...

Ability to Repay Risk & Requirements Matrix

On March 1st 2021, both the revised “General” Qualified Mortgage (QM) and the new “Seasoned” QM...

BSA Compliance – Human Trafficking

BSA Compliance: Human Trafficking

Roles in your BSA/AML Compliance Program

Bank Secrecy Act / Anti-Money Laundering compliance affects everyone in your bank in some way....

Fall 2021 Virtual Training Events

We are excited to announce that we are in the process of developing our Live Events for 2021. Our...

Preparing for an Exam

During our February Monthly Connection, David Dickinson talked about how you should prepare for a...