Banker's Compliance Consulting Blog

TRID Changed Circumstances

When it comes to changed circumstances for TRID, it ultimately comes down to what did you know and...

MLA Covered Borrower Status

For Military Lending Act purposes, a covered borrower is any member of the military (or a...

HMDA: Action Taken Date

One of the data fields required to be reported for HMDA is the Action Taken Date. While this might...

Customer Due Diligence for Lenders

A key aspect of BSA/AML/CFT compliance is knowing “who” your customer is. For example, lenders are...

HMDA Small Filer: Data Accuracy

We say it all the time… HMDA compliance is difficult because the margin for error is so small....

Another Delay to the FDIC Rule Changes

On March 3, 2025, the FDIC further delayed the compliance date for certain portions of its December...

Resetting Your Compliance Management System

Your Compliance Management System (CMS) is what we like to refer to as your “house of compliance”....

Absorbed Costs on the Closing Disclosure

When it comes to itemizing charges on the Loan Estimate (LE), TRID states that charges “absorbed”...

HMDA Large Filers & Property Address

If your institution is a HMDA reporter, it’s important to know whether you are a small filer or a...

BSA/AML/CFT Programs

Financial institutions are required to have a BSA/AML/CFT program that consists of certain...