Banker's Compliance Consulting Blog

FCRA & Adverse Action

When it comes to taking adverse action, the first thing that usually comes to mind are the...

Consumer Report Fraud Alerts

When it comes to fraud alerts on credit reports, financial institutions want to ensure they not...

Mortgage Servicing: Early Intervention Requirements

Regulation Z requires that servicers of mortgage loans that are secured by a borrower’s primary...

FinCEN Proposal to Strengthen and Modernize AML/CFT Programs

On June 28, the Financial Crimes Enforcement Network (FinCEN) issued a proposed rule to update Bank...

Regulation CC Changes

It’s nice that our banking regulations typically follow a similar format. For example, the first of...

Privacy: Sharing with Affiliates

The Privacy Rule (Regulation P) governs your ability to share a consumer’s nonpublic personal...

BSA: Suspicious Activity Monitoring

Your Bank Secrecy Act program is all about helping the federal government detect and prevent money...

BSA & Monitoring - a Key Component

Effective monitoring is a key component of your BSA/AML program. Having systems in place to...

What If a Borrower Rescinds?

In certain transactions secured by a borrower’s primary residence, a borrower is entitled to the...

BSA/AML Q&A

Do you have burning questions related to BSA/AML compliance? Struggling with Beneficial Owners,...