Banker's Compliance Consulting Blog

Are we required to make note of this on the Adverse Action Notice?

Question: We pulled a credit report and although the applicant’s credit history is not good, we did...

Exceeds the Maximum NFIP Deductible

Question: What if we have a private policy that meets all of the Biggert-Waters requirements except...

Did we violate Section 8 of RESPA?

Question: I recently had lunch with a real estate agent to talk about doing some co-marketing. We...

Regulation E: Statute of Limitations?

Can a customer dispute a debit card transaction or an ACH a year or longer after it happened?

Proposed HMDA Changes

Yesterday, the CFPB issued a proposal that seeks to make changes to the existing HMDA Rule. They...

Private Flood Insurance: Compliance Aide Statement Confusion

The industry is beginning to adapt to the New Private Flood Insurance Rules as we get closer to the...

Beneficial Owners: Can We Rely on Existing CIP Information?

We often get the question, “Can we rely on existing CIP information to satisfy the Beneficial...

EFT Error Resolution Myths

When a customer disputes an electronic funds transfer, it’s not uncommon for a bank’s card...

Cancelling an Escrow Account on a HPML

Find UPDATED HPML Training Here!

Do you do balloon loans or any short-term loans not secured by real property?

If so, you could find yourself subject to the Payday Loan Rule.