Banker's Compliance Consulting Blog

Voluntary Escrow Accounts

1024.17 of RESPA outlines the rules institutions must follow when establishing and administering...

Commercial Lenders: Fair Lending Hot Spots

It’s no secret that the regulatory compliance requirements for commercial loans are far less than...

Section 1071: Collecting Sex/Gender

When it comes to collecting demographic information under Section 1071, things may look a little...

Crypto/Virtual Currency Risks

Chances are you have customers involved with crypto and/or virtual currency. Whether they are just...

Exception Holds for Redeposited Items

Regulation CC outlines when institutions can delay deposited funds using an exception hold. These...

Mortgage Life Cycle: Escrows & Loan Payoffs

One area that we will touch on is escrow accounts, specifically escrow account payoff statements. ...

BSA/AML/CFT Happenings

Did you miss our “BSA/AML/CFT New Year Update” webinar a few weeks ago? It was full of great...

BSA/AML/CFT Hot Topics

In our recent “BSA/AML/CFT New Year Update” webinar, Kevin Edwards shared several topics that will...

Advertising in the Digital Age

Many of the banking laws and regulations related to advertising were written decades ago, well...

When Do You Have a TRID Application?

If you are new to TRID, one of the first things you need to understand is when you have a TRID...

Escrow Closing Notice

When an escrow account is canceled during the term of a loan, the Truth in Lending Act generally...

Customer Due Diligence/Beneficial Owners: Updating Customer Information

The Customer Due Diligence (CDD) and Beneficial Owner (BO) requirements are not a one and done. In...

FDIC Updates Signs and Advertising Q & As

On December 2, 2024, the FDIC released additional Q & As related to the Official Signs &...

Section 1071: Application Method

When it comes to reporting Section 1071 data, a financial institution must indicate whether a...

Section 1071: Collecting Demographic Information

For applications subject to Section 1071, financial institutions must request the ethnicity, race...

Lending Discrimination: Legal vs. Illegal

Lenders discriminate every day. They might turn down a loan because the loan to value is too high...

2025 FREE Lending Compliance Q & A Coming Soon!

Be sure to JOIN US on January 15, 2025, for our “FREE Lending Compliance Q & A Forum”.

Crypto/Virtual Currency: Pros & Cons

When it comes to crypto and/or virtual currency, there are pros and cons. One pro is that users can...

HMDA: Common Data Field Errors – Part 2

HMDA compliance is tough! With all the data you are required to collect and report, there are bound...

Corporate Transparency Act Update: Legal Rollercoaster for Banks

For bank compliance professionals, staying up to date on the Corporate Transparency Act (CTA) has...