Banker's Compliance Consulting Blog

BSA for Lenders: CIP & CDD

A big component of a BSA/AML program is knowing your customers. The more you know about your...

Reporting HMDA Data: Occupancy Type

When you report HMDA data, you must be very meticulous because there is very little room for error....

TRID Changed Circumstances

When it comes to determining whether you have a changed circumstance, it comes down to what you...

HMDA Demographic Information: Business Purpose Home Equity

When it comes to collecting an applicant’s government monitoring information or their demographic...

Rate Set Date

There are several regulatory requirements and even definitions that are dependent upon a rate...

Elder Financial Exploitation

Elder abuse, which includes elder financial exploitation (EFE) and other forms of abuse, affects at...

Electronic Fund Transfers: Unauthorized Transactions

Section 1005.2(m) defines an unauthorized electronic funds transfer as:

TRID: Split Buydowns

Completing the Closing Disclosure can sometimes be a challenge, especially when the Regulation does...

BSA for Lenders: Risk Assessment

One of the key components of a BSA/AML program is the risk assessment. Every financial institution...

HMDA Loan Purpose

The HMDA rules require a financial institution to report dwelling-secured applications for the...