Banker's Compliance Consulting Blog

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...

District Court Finds Corporate Transparency Act to be Unconstitutional

If you subscribe to our magazine,Banking on BCC, we’ve written a lot about the Anti-Money...

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...