Banker's Compliance Consulting Blog

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...

Regulation Z’s Ability to Repay Rules: What’s Covered

Anytime you have a consumer-purpose, closed-end, dwelling-secured loan, there are potentially a lot...

BSA/AML/CFT: The Role of Frontline Personnel

Frontline personnel play a very important role within an institution’s BSA/AML/CFT Program.Tellers,...

Account-Opening Disclosures for Deposit Accounts

Regulation DD (Truth in Savings Act) requires a depository institution to …provide account...

Military Lending Act Safe Harbor

In general, the Military Lending Act applies to any type of consumer credit (think Regulation Z)...