Banker's Compliance Consulting Blog

Preparing for the BSA/AML Customer Due Diligence & Beneficial Owner Requirements

On May 11, 2016, the Customer Due Diligence (CDD) Final Rule was published in the Federal Register...

2017 CRA Thresholds

The asset-size thresholds for CRA determine whether an institution will be classified as a small...

2017 “Small Creditor” Threshold

The threshold used to determine small creditor status under Regulation Z will be $2.069 billion in...

2017 HMDA Threshold

The asset-size threshold used to determine HMDA (12 CFR 1003) applicability will remain unchanged...

2017 Qualified Mortgage Points & Fees Threshold

The Points & Fees thresholds for determining QM status have been decreased and cannot exceed the...

2017 High-Cost Mortgage Threshold

The Points & Fees thresholds used to determine whether a loan is a High Cost Mortgage (HCM) will...

2017 HPML Appraisal Threshold

The loan amount threshold used to determine whether a loan is exempt from the special appraisal...

2017 Regulation Z Threshold

The threshold to exempt consumer credit from Regulation Z will be $54,600 for 2017. This remains...

Veterans Day 2016

USA, the Home of the Free, Because of the Brave

New 1003 Application Form

On August 23, 2016, Fannie Mae and Freddie Mac announced the publication of a NEW 1003 application...