Banker's Compliance Consulting Blog

Refinances, Renewals, Modifications: Understanding the Terms

It’s not uncommon for institutions to use the terms refinance, modification, extension, and renewal...

Address Changes for Debit/Credit Cards

The FACT Act brought about a lot of requirements intended to help prevent identity theft.One such...

UDAAP: The Four Ps of Deception

UDAAP (Unfair, Deceptive or Abusive Acts or Practices) compliance can be a challenge because it’s...

Mortgage Servicing: Non-Conforming Payments

Regulation Z, in §1026.36(c)(1), outlines payment processing requirements for consumer-purpose,...

Appraisals & Reconsiderations of Value (ROV)

Back in July 2024, Interagency Guidance was issued on “Reconsiderations of Value of Residential...

Trafficking & Shell Companies

The term “shell company” generally refers to an entity without a physical presence in any country...

Mortgage Loan Error Resolution

Regulation Z requires loan servicers to comply with specific error resolution procedures for...

CTR Errors

During our June AML/CFT Membership Group meeting, Kevin went over some common errors associated...

Human Trafficking & Smuggling: A National Priority

The Anti-Money Laundering Act of 2020 required FinCEN to establish government-wide priorities for...

Regulation E: Change in Terms

If an institution changes any term or condition required to be disclosed under §1005.7(b) that...