Banker's Compliance Consulting Blog

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...

Fair Lending: Watch Your File Comments

The purpose of Regulation B is to …promote the availability of credit to all creditworthy...

FDIC Official Digital Signs Update

During our Virtual Deposit Conference a couple weeks ago, Jerod covered a ton of information in the...

Loan Estimate: Section H

Section H, or “Other” on the Loan Estimate, is where you include …an itemization of any other...