Banker's Compliance Consulting Blog

2024 Overdraft Proposal

In case you missed it, the CFPB issued a Proposal back in January regarding overdrafts. The...

Section 1071 Denial Reasons VS. Regulation B Denial Reasons

While the 1071 requirements are part of Regulation B, not everything lines up perfectly. For...

The 1071 & HMDA Intersection

If you had a chance to review the “Section 1071 Small Business Lending Application Coverage...

Appraisal/Valuation Independence

Section 1026.42 of Regulation Z requires valuation independence in any open or closed-end consumer...

Section 1071: Business Owner Status

One of the biggest hurdles related to Section 1071 is collecting the Business Ownership Status....

Flood Insurance: Waivers, Exemptions & Exclusions

The general rule of thumb is that you can never “waive” flood insurance. If you have a structure...

Fall Virtual Conference

With summer right around the corner, an upcoming vacation, backyard barbecue, your garden or a...

Adverse Action & Commercial Applicants

When it comes to adverse action notices, remember that two different regulatory requirements can...

TRID Applications & Strategic Collection

When it comes to mortgage lending, the definition of an “application” can differ depending on what...

Section 1071: Policies vs. Procedures & the Board

When it comes to your Section 1071 planning and implementation efforts, you want to be careful that...