Banker's Compliance Consulting Blog

Customer Due Diligence for Lenders

A key aspect of BSA/AML/CFT compliance is knowing “who” your customer is. For example, lenders are...

HMDA Small Filer: Data Accuracy

We say it all the time… HMDA compliance is difficult because the margin for error is so small....

Another Delay to the FDIC Rule Changes

On March 3, 2025, the FDIC further delayed the compliance date for certain portions of its December...

Resetting Your Compliance Management System

Your Compliance Management System (CMS) is what we like to refer to as your “house of compliance”....

Absorbed Costs on the Closing Disclosure

When it comes to itemizing charges on the Loan Estimate (LE), TRID states that charges “absorbed”...

HMDA Large Filers & Property Address

If your institution is a HMDA reporter, it’s important to know whether you are a small filer or a...

BSA/AML/CFT Programs

Financial institutions are required to have a BSA/AML/CFT program that consists of certain...

HMDA: Multifamily Dwellings

HMDA has a lot of intricacies, which make compliance a challenge. The first step is determining...

CFPB Takes Action Against Mortgage Lender

On January 17th, the CFPB took action against Draper & Kramer Mortgage Corporation for...

TRID Loan Estimate: Unlimited Tolerance Fees

The fees disclosed on the Loan Estimate are subject to certain tolerances. In other words, the fees...