Banker's Compliance Consulting Blog

Reasons for Denying a Loan

When you deny a loan, you are required to send an Adverse Action Notice. Regulation B goes on to...

How Much Flood Insurance?

How much flood insurance do you need? This is a question we get a lot. If you make, increase,...

HMDA Data Reporting

HMDA: Data Reporting

Joint Intent At Application

Regulation B states, a person’s intent to be a joint applicant must be evidenced at the time of...

HMDA: Collecting Demographic Information

Collecting an applicant’s demographic information (race, ethnicity & sex) isn’t always as easy as...

When Do You Have An Application?

Regulation B defines an application as an oral or written request for an extension of credit that...

Reporting “Action Taken” for HMDA

While the Action Taken data field may seem pretty straightforward on the surface, it’s actually one...

HMDA Question: Collecting Demographic Information

We received the following HMDA question recently. It’s one we get asked a lot, so we thought we...

HMDA Small Filer

If your institution is subject to HMDA, and you made between 100 and 500 closed-end loans in each...

BSA Compliance: Third-Party 314(a) Searches

Do you rely on a third party or your core processing vendor to conduct your 314(a) searches? ...