Banker's Compliance Consulting Blog

The Mortgage Life Cycle: Closing Disclosure Accuracy

One area of confusion that we see with the TRID Rule has to do with the accuracy of the information...

Escrow Accounts: Loan Payoffs & Loan Payoff Statements

If your financial institution requires escrow accounts subject to §1024.17 of RESPA, you know that...

Advertising & The Fair Housing Act

The Fair Housing Act prohibits discrimination in a financial institution’s advertising....

TRID: Pre-Disclosure Restrictions

The TRID requirements found in Regulation Z state that once a lender has received six specific...

Section 1071 Firewall Requirement

One of the more potentially challenging aspects of the Section 1071 data collection and reporting...

Customer Due Diligence & Virtual Currency

When it comes to crypto and/or other types of virtual currencies, what do financial institutions...

The Mortgage Life Cycle: Higher-Priced Mortgage Loans

From the time you receive a mortgage loan application (sometimes even before) to when that loan is...

The Importance of a Fair Lending Roadmap

Underwriting is a critical aspect of the lending process and involves assessing an applicant’s...

Why Is Beneficial Owners Important?

It’s no secret that the “bad guys” are usually a step ahead of regulatory compliance. They are...

Tips for Submitting Your HMDA Data

HMDA is one of the most difficult regulations to comply with because there are accuracy standards...