Banker's Compliance Consulting Blog

Escrow Closing Notice

When an escrow account is canceled during the term of a loan, the Truth in Lending Act generally...

FDIC Updates Signs and Advertising Q & As

On December 2, 2024, the FDIC released additional Q & As related to the Official Signs &...

Section 1071: Collecting Demographic Information

For applications subject to Section 1071, financial institutions must request the ethnicity, race...

Lending Discrimination: Legal vs. Illegal

Lenders discriminate every day. They might turn down a loan because the loan to value is too high...

2025 FREE Lending Compliance Q & A Coming Soon!

Be sure to JOIN US on January 15, 2025, for our “FREE Lending Compliance Q & A Forum”.

Advertising: Closed-End Credit Triggering Terms

If you advertise closed-end credit, there are several “triggering” terms you need to be aware of....

Mortgage Life Cycle: Requiring Signatures

Regulation B states …a creditor shall not require the signature of an applicant's spouse or other...

Complaints: Monitoring, Reporting & Oversight

Addressing complaints is the most important aspect of a complaint management program. If a customer...

FDIC Official Digital Signs

The FDIC advertising changes found in Part 328 (Subpart A) – FDIC Official Signs and Advertisement...

Providing a Closing Disclosure Too Soon

The Closing Disclosure (CD) must be received by the applicant no later than three business days...