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Regulation E: Consumers Only
By Jerod Moyer
| Feb 15, 2024
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
By Kevin Edwards
| Feb 15, 2024
Money laundering is a complex crime and is designed to hide the source of illegally obtained funds...
Truth In Savings Act: Fee Terminology Requirements
By Kevin Edwards
| Feb 15, 2024
The Truth in Savings Act (Regulation DD) plays a crucial role in helping consumers make informed...
“Absorbing” Loan Costs on the Closing Disclosure
By Jerod Moyer
| Feb 15, 2024
Lenders sometimes negotiate certain fees with respect to a mortgage loan application. For example,...
The Importance of Compliant Loan Estimates
By Jerod Moyer
| Feb 15, 2024
A “Loan Estimate” is exactly what it sounds like. It’s an estimate of loan costs and other...
Regulation CC Delays and Overdraft Fees
By Kevin Edwards
| Feb 15, 2024
When you delay the funds from a customer’s deposit beyond your normal availability schedule,...
Commercial Lenders & Documenting Joint Intent
By Kevin Edwards
| Feb 15, 2024
There is still a misconception out there among some lenders that Regulation B (The Equal Credit...
HMDA: Business Purpose Home Equity Exclusion
By David Dickinson
| Feb 09, 2024
HMDA-reporting financial institutions are required to collect and report specific information...
Escrow Account Short-Year Statements
By Jerod Moyer
| Feb 09, 2024
Escrow accounts are based on a 12-month period referred to as the escrow account computation year....