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Elder Abuse Scams
By Kevin Edwards
| Aug 28, 2023
Back in June 2022, FinCEN issued an Advisory (FIN-2022-A002) related to Elder Financial...
Fair Lending Focus in CFPB’s Supervisory Highlights
By Jerod Moyer
| Aug 28, 2023
The most recent edition of the CFPB’s Supervisory Highlights (Summer 2023) included a section on...
Court Order and 1071 Impact
By Jerod Moyer
| Aug 28, 2023
As you’ve likely heard, on July 31, 2023, the U.S. District Court for the Southern District of...
Construction Fraud
By Kevin Edwards
| Aug 24, 2023
On August 15, 2023, FinCEN issued a Notice alerting financial institutions to increasing payroll...
Refinances & Modifications: Regulation B Considerations
By Kevin Edwards
| Aug 24, 2023
If you have a “refinance”, as defined by Regulation Z (Truth in Lending) in 12 CFR 1026.20(a), you...
Elder Financial Abuse Schemes
By Amy Kudlacek
| Aug 18, 2023
The Department of Justice estimates that each year 1 in 10 Americans over the age of 65 will...
Mortgage Servicing: Successors in Interest
By Jerod Moyer
| Aug 18, 2023
The events that create a “successor in interest” are usually not happy ones. A successor in...
BSA/AML Manual Updates
By Amy Kudlacek
| Aug 11, 2023
On August 2, 2023, the FFIEC released updates to its Bank Secrecy Act/Anti-Money Laundering...
Flood Insurance: Wet vs. Dry Funding
By David Dickinson
| Aug 11, 2023
Are you familiar with the terms “wet funding” and “dry funding” as it relates to flood insurance?...
A Snapshot of the CFPB’s Small Business Lending FAQs
By Diane Dean
| Aug 08, 2023
As we mentioned in the July edition of Banking on BCC, the CFPB released Frequently Asked Questions...
Drug Trafficking Red Flags
By Kevin Edwards
| Aug 08, 2023
When it comes to identifying potentially suspicious and/or illegal activity such as drug...
Payment App Fraud: Who’s Responsible?
By Jerod Moyer
| Aug 08, 2023
As technology has continued to develop, digital payment methods have become more and more...
Mortgage Servicing: Successors in Interest
By Jerod Moyer
| Aug 07, 2023
The events that create a “successor in interest” are usually not happy ones. A successor in...
Court Order Impacts 1071 Rule
By Diane Dean
| Aug 01, 2023
On July 31st, a U.S. District Court in Texas ordered a stay to the 1071 compliance dates for...