Banker's Compliance Consulting Blog

Deposit Account Denials

When an applicant is denied a loan, both Regulation B (Equal Credit Opportunity Act) and the Fair...

FDIC Advertising Final Rule Update

The FDIC recently issued a Final Rule to amend the signage requirements for digital deposit-taking...

HELOC Fees & Periodic Statements

We received the following question for our December Monthly Connection:

TRID: Disclosing Construction Loans

Does disclosing construction loans in accordance with the TRID requirements have you down? We...

FinCEN Issues Notice on Convertible Virtual Currency Kiosks

In August, FinCEN issued a Notice urging financial institutions to be on the lookout for...

TISA & Fraud

During our Monthly Connection, we received a question about closing a customer’s account due to...

CFPB to Delay Section 1071 Compliance Dates

It appears the CFPB is set to publish an interim final rule (unpublished version here) that will...

Rescission for a Rented Home

We recently received an interesting question about whether the right of rescission applies to the...

CFPB Takes Action Against Mortgage Lender

On January 17th, the CFPB took action against Draper & Kramer Mortgage Corporation for...

Will Section 1071 Go Away?

With the CFPB seemingly being shut down, at least temporarily, we’ve been asked a lot about what...