Banker's Compliance Consulting Blog

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? ...

HMDA: Loan Term vs. Line Term

If you are a HMDA bank, you know some of the data reporting requirements can be downright...

Applicants for Joint Intent

A common area of confusion when it comes to the joint intent rules, is “who” is an applicant.

Home Mortgage Disclosure Act (HMDA) Documentation

If you are an HMDA Bank, you are fully aware of how the CFPB’s 2018 HMDA Rule shook things up! It...