Banker's Compliance Consulting Blog

Flood Insurance: Waivers & Exemptions

Flood insurance is required anytime an institution makes, increases, renews or extends a loan...

Right of Rescission & Bridge Loans

A “residential mortgage transaction” is defined in §1026.2(a)(24) as …a transaction in which a...

FinCEN Advisory on Healthcare Fraud Schemes

On March 30th, FinCEN released an Advisory (FIN-2026-A001) urging …financial institutions to be...

Hemp No Longer Hemp

On November 12, 2025, President Trump signed the “Continuing Appropriations, Agriculture,...

Elder Financial Exploitation: Why are Older Adults Targeted?

Elder Financial Exploitation (EFE) is a horrible crime where an older adult’s vulnerabilities,...

Canceling Escrow Accounts on HPMLs

§1026.35(b) generally requires that any first-lien Higher-Priced Mortgage Loan (HPML) must have an...

Regulation Z: When Does the Rescission Period Begin?

Under Regulation Z, the three-business day right of rescission period begins when the last of the...

Who's Covered by the SCRA?

The Servicemembers Civil Relief Act …is a law created to provide extra protections for...

MIRE Events: What About Modifications?

The flood insurance rules state that any time an institution makes, increases, renews or extends a...

Beneficial Owner Exceptive Relief

The “Exceptive Relief from Requirement to Identify and Verify Beneficial Owners at Each Account...