Banker's Compliance Consulting Blog

FDIC Advertising Updates

In case you missed it, the FDIC released a Final Rule to update its advertising requirements which...

TRID: Understanding Unlimited Tolerances

When it comes to TRID, an estimated closing cost is generally considered to be “in good faith” if...

CFPB Issues Circular on UDAAP Risks with Digital Comparison-Shopping Tools

The CFPB recently issued Consumer Financial Protection Circular 2024-01 which addresses...

CFPB Restricts Late Payment Fees Charged by Larger Credit Card Issuers

On March 5th, the CFPB issued a Final Rule to address “excessive” late fees charged by larger card...

TRID: Revising the Loan Estimate

When a valid changed circumstance occurs, it may cause the regulatory tolerances to be exceeded....

HMDA Demographic Information & Applications Not Taken In Person

When an applicant submits a HMDA-reportable application, institutions are required to request...

FinCEN Analysis on CVC for Online Child Sexual Exploitation and Human Trafficking

On February 13, 2024, FinCEN released a Financial Trend Analysis on the Use of Convertible Virtual...

HMDA: Temporary Financing Exclusions

The HMDA requirements state that institutions should NOT report loans or lines for temporary...

Regulation E: Consumers Only

Section 1005.3(a) of Regulation E lays out what’s covered by the Rule. It specifies that Subpart A...

BSA for Tellers: The Why

Money laundering is a complex crime and is designed to hide the source of illegally obtained funds...