Banker's Compliance Consulting Blog

Adverse Action Notices: Specific Reasons for Denial

When you take adverse action on an application for a credit product/service, Regulation B requires...

Section 1071 Misconceptions & Takeaways

It’s been about a month and a half since the Section 1071 Final Rule was issued and we are...

Sanctions Evasion

You may have noticed that FinCEN has been incredibly busy pushing out new guidance in the last year...

Flood Insurance Deductibles

There are a lot of things to consider and comply with when you have a loan that requires flood...

Applications & E-SIGN

As we all know, email communication is often much quicker and more cost-effective than typical...

HMDA: Action Taken Date

One of the data fields you are required to report on the HMDA-LAR is the “Action Taken Date.” In...

Adverse Action Notices: Giving the Reasons for Denial

Under Regulation B, when you take adverse action in connection with an application for a credit...

Putting EFT (Regulation E) Errors In Writing?

One reason the EFT dispute and resolution process can be so confusing is, that while you must meet...

Revising the Loan Estimate

Tolerances can only be reset when there is a valid changed circumstance. This does not mean;...

Section 1071 Bank Coverage

In case you missed it, on March 30, 2023, the CFPB issued its Final Rule for Small Business Lending...