Banker's Compliance Consulting Blog

Components of a Money Laundering Scheme

Frontline personnel have a unique vantage point for identifying potentially suspicious activity...

HMDA Action Taken Date

Under Regulation B, when an applicant withdraws an application, there is no requirement to send the...

Section 1071 Firewall

The Section 1071 Rule requires financial institutions to implement and maintain a “firewall” that...

Qualified Mortgages & Safe Harbor

The purpose of Regulation Z’s Ability to Repay and Qualified Mortgage (QM) requirements are all...

HMDA Demographic Information: Don’t Touch It

When an applicant provides their demographic information, we like to tell people, “U Can’t Touch...

Combatting Elder Financial Exploitation

In December 2024, the Agencies issued an Interagency Statement on Elder Financial Exploitation...

Regulation E Error Resolutions: Filter and Funnel

Every institution has their Regulation E error resolution rocket scientists. These people know...

TRID Loan Estimate: Other Costs

It can be easy to tend to focus on those services required by the lender when completing the Loan...

BSA-AML-CFT Non-Profit & Charitable Organizations

Back in November 2020, the Agencies issued a Joint Fact Sheet on Bank Secrecy Act Due Diligence...

Clips from Feb. AML/CFT Group

BSA/AML/CFT: Non-Profit & Charitable Organizations