Banker's Compliance Consulting Blog

Regulation E Business Days

Many of the timing requirements found in Regulation E are based on “business days”.There are some...

HMDA: Reporting the Action Taken for Counteroffers

In one of our recent HMDA webinars, we received the following question:

HMDA: Reporting the Loan Amount

Reporting the loan amount for HMDA can be tricky.First of all, you are required to report the exact...

HMDA: Prequalifications vs. Preapprovals

Lenders, and others in the mortgage industry often use the terms “prequalification” and...

HMDA Small Filers Thresholds

Whether a financial institution is subject to HMDA depends on meeting certain criteria.For...

HMDA Dwelling: Assisted Living vs. Nursing Homes

In order for an application to be HMDA-reportable, it mustbe secured by a dwelling.HMDA defines...

Banker’s Compliance Consulting & Brady Martz

We’re thrilled to share some exciting news with our community.

Understanding Electronic Advertisements

Institutions are using social media and other forms of electronic advertising more and more every...

Reporting Demographic Information for HMDA

When it comes to reporting an applicant’s demographic information (race, sex, and ethnicity) for ...

Understanding the Lottery Prohibition

Section 20 of the Federal Deposit Insurance Act states that a bank may not: