Banker's Compliance Consulting Blog

Online Bankers Training - Collecting Government Monitoring Information

Written by David Dickinson | Jun 1, 2020 12:08:54 PM

Be sure to JOIN US on June 3, 2020, for our webinar, “Collection GMI Under Regulation B”. 

Collecting Government Monitoring Information (an applicant’s race, sex and ethnicity) isn’t always as easy as it seems.  First, you need to know “when” to collect it and then you need to know “how” to collect it.  What if an applicant doesn’t provide all the requested information?  What if they provide information that appears to be incorrect?  What if the application is taken over the phone vs. in person?  There’s a lot to consider. 

Click on the video to listen to David explain it in more detail.

Published
2020/06/01

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