Banker's Compliance Consulting Blog

The Importance of Compliant Loan Estimates

A “Loan Estimate” is exactly what it sounds like. It’s an estimate of loan costs and other...

Regulation CC Delays and Overdraft Fees

When you delay the funds from a customer’s deposit beyond your normal availability schedule,...

Commercial Lenders & Documenting Joint Intent

There is still a misconception out there among some lenders that Regulation B (The Equal Credit...

HMDA: Business Purpose Home Equity Exclusion

HMDA-reporting financial institutions are required to collect and report specific information...

Escrow Account Short-Year Statements

Escrow accounts are based on a 12-month period referred to as the escrow account computation year....

FinCEN Proposal for Residential Real Estate “Closers”

Last week, you may have seen that FinCEN proposed a new rule related to residential real estate...

Overdraft Proposal for Very Large Financial Institutions

On January 17th the CFPB issued a Proposal that is intended to rein in excessive overdraft fees....

CFPB Proposal on NSF

We alerted you to a Proposal that will amend Regulations Z and E regarding overdraft fees for very...

What is Section 1033?

If you haven’t started looking into the CFPB’s Proposal for implementing Section 1033 of the...

The Importance of Identifying Beneficial Owners

If you are a customer service representative responsible for opening new accounts, you are probably...