Banker's Compliance Consulting Blog

Regulation E: Authorized vs. Unauthorized EFTs

Regulation E does not define or address what constitutes “fraud”. Rather, it

Voluntary Escrow Accounts

1024.17 of RESPA outlines the rules institutions must follow when establishing and administering...

Mortgage Life Cycle: Escrows & Loan Payoffs

One area that we will touch on is escrow accounts, specifically escrow account payoff statements. ...

When Do You Have a TRID Application?

If you are new to TRID, one of the first things you need to understand is when you have a TRID...

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....