Banker's Compliance Consulting Blog

How Regulatory Agencies View Complaints

Regulatory agencies are in the business of protecting the rights of your customers and preventing...

Withdrawn Applications

While we were patiently waiting for a new Section 1071 proposal, members of our 1071 Thought...

UDAAP: The Struggle

Most institutions know that they need to be on the lookout for unfair, deceptive or abusive acts or...

1071 Proposal: What's New, What's Not

On November 13th, the CFPB issued a revised proposal to implement the Section 1071 requirements of...

UDAAP: Consumer & Commercial

One of the common misconceptions when it comes to Unfair, Deceptive or Abusive Acts or Practices...

SAFE Act: Independent Testing

One thing that can be easily overlooked when it comes to SAFE Act compliance is the requirement for...

OCC Actions to Reduce Regulatory Burden

During our October Monthly Connection, Jerod gave a quick hit on some of the recent OCC actions to...

TRID & Requesting Verification Documents

The TRID requirements are all about getting information about loan costs in applicants’ hands...

SAFE Act Registration Requirements

The SAFE Act requires Mortgage Loan Originators (MLOs) to be licensed and registered. Registration...

Executive Order on Debanking

In case you missed it, President Trump signed an Executive Order (EO), “Guaranteeing Fair Banking...