Banker's Compliance Consulting Blog

OFAC Amendments

OFAC recently published an Interim Final Rule to amend its Reporting, Procedures and Penalties...

Build Your Understanding of TRID Construction Loans

If you are a lender and you make closed-end, multiple advance loans to construct a consumer’s home,...

Periodic Statements for a Reaffirmed Loan

Question: How should we handle the periodic statement requirements once a customer has reaffirmed...

TRID for Beginners

What is an intent to proceed? Where does it go? How do I document it? Why do we even have to do it?

Suspicious Activity Reports & Computer Intrusion

Question: Should an attempt to hack into the bank’s website be reported as computer intrusion on...

Regulation CC Final Rule Issued

It seems like we’ve been waiting FOREVER for the funds availability sections of Regulation CC...

Currency Transaction Report for a Joint Account

Question: How do you complete Part I of a CTR for deposits into a joint account?

TRID: Construction Loan Escrow Payment

Question: On a construction-permanent loan (one closing), should the escrow payment be reflected...

Determining Insurable Value

Question: In our last exam, we were told to look at the appraisal’s replacement cost value or...

Compliance for Commercial Lenders

Commercial lenders often believe that compliance doesn’t apply to them.