Banker's Compliance Consulting Blog

HMDA Risk Mitigation

We say it all the time…HMDA is one of the most complicated and challenging compliance regulations....

SAR FAQs: Continuing Activity Review

As we previously mentioned, FinCEN along with the FDIC, Federal Reserve, NCUA, and OCC, provided...

Consumer Compliance Outlook on Regulation E

The Federal Reserve issued another edition of its Consumer Compliance Outlook (Third Issue 2025)....

1071 Proposal: What's New, What's Not

On November 13th, the CFPB issued a revised proposal to implement the Section 1071 requirements of...

Documenting Intent to Proceed

For applications subject to TRID, getting an applicant’s intent to proceed is an important step in...

UDAAP: Consumer & Commercial

One of the common misconceptions when it comes to Unfair, Deceptive or Abusive Acts or Practices...

NFIP Reinstatement Considerations

Last week, we alerted you to the fact that the National Flood Insurance Program (NFIP) was...

Alerts, Orders, and Notices…Oh My!

Regulatory agencies put out a lot of information. There are regulations, guidance, FAQs, alerts,...

NFIP Reinstated

On Wednesday, November 12th, President Trump signed a temporary reauthorization bill that will fund...

Regulation E Error Resolution Considerations

During each of our Virtual Conferences, we dedicate a session to your compliance questions. During...

Pulling Credit Reports

It’s not uncommon for us to find violations related to pulling credit reports. First and foremost,...

Section 1071 Proposal Issued

The CFPB has issued its revised proposal to implement the Section 1071 requirements of the...

Compliance Officers: Meeting the Challenge

Compliance officers have a lot of responsibilities, and we like to point out that “compliance...

AML/CFT Update – 2025 & Beyond

If you missed our Virtual BSA/AML/CFT Conference last week, our first session, “AML/CFT Update -...

Section 1033 Compliance Date Further Delayed

We’ve previously discussed the fact that the CFPB plans to reconsider the Final Rule to implement...

Digital Mortgage Comparison-Shopping Platforms

Back in February 2023, the CFPB issued an Advisory Opinion regarding digital mortgage...

SAFE Act: Independent Testing

One thing that can be easily overlooked when it comes to SAFE Act compliance is the requirement for...

CIP & Military IDs

In our magazine, Banking on BCC, there was an article that arose from a conversation with an...

BSA/AML Program: Independent Test

Independent testing is a required pillar of a BSA/AML program. The Board of Directors is ultimately...

Truth in Savings: Top Violations

During our Virtual Deposit Conference, Kevin presented a session, “Top Deposit Violations & Tips”....

HMDA Is An Application Regulation

HMDA is an application regulation. If you are a HMDA reporting institution, that is a statement...