Banker's Compliance Consulting Blog

SAFE Act Violations: Our Top Five

Our Review Team looks at a financial institution’s compliance with the SAFE Act (The Secure and...

AML/CFT Changes are Coming!

You may have heard about the Proposed Rule to strengthen and modernize financial institutions...

HMDA: Approved But Not Accepted

When it comes to HMDA reporting, one of the action taken codes that gives institutions some trouble...

Top Violations: Application Date

There really isn’t a regulatory requirement to document the application date within your loan file....

Marketing & UDAAP

Unfair, Deceptive, or Abusive Acts or Practices (UDAAP) can pop up just about anywhere within an...

Join the AML/CFT Membership Group!

Due to the overwhelming success of our 1071 Thought Leadership, Implementation & Planning Group, we...

Consent Order for Surprise Overdraft Fees

The CFPB has issued another Consent Order related to “surprise” overdraft fees and highlighted two...

Congress Mandates Monthly Installments for Flood Insurance

FEMA recently issued a Final Rule that will give National Flood Insurance Program (NFIP)...

Compliance Officers & Teamwork

Compliance officers wear a lot of hats. In many ways, they are the eyes and ears of senior...

Board BSA/AML Training: Understanding the Why

You’ve likely heard us talk about the importance of implementing training that is appropriate to a...

RESPA Section 8: Thing of Value

Section 8 of RESPA prohibits the payment and/or receipt of a fee or thing of value in return for...

SAFE Act Requirements

The purpose behind the SAFE Act is multi-faceted, but in a nutshell, it seeks to track mortgage...

HMDA Data: Income

It’s no secret that HMDA is one of the most difficult regulations when it comes to compliance. Your...