Banker's Compliance Consulting Blog

HMDA Demographic Information: What’s the Purpose?

If you’re new to HMDA, you’ve probably been told you need to collect an applicant’s ethnicity,...

HMDA: What’s a Refinance?

HMDA banks are required to collect and report data regarding applications for dwelling-secured...

CFPB Issues Prepaid Interest Factsheet for General Qualified Mortgages

The CFPB brought some changes to the Qualified Mortgage (QM) world in 2021, including a revised ...

Pulling Credit Reports on Business Applicants

We get questions all the time about when you can and can’t pull a consumer report.

BSA Training for Everyone!

Bank Secrecy Act/Anti-Money Laundering compliance affects everyone in your bank in some way, shape,...

TRID Closing Disclosure: Estimated Taxes, Insurance & Assessments

The Estimated Taxes, Insurance, and Assessments section within the Projected Payments Table on the ...

Regulation CC: Additional Funds Availability Disclosures

You are likely aware that when you open a demand deposit account, you must provide the customer...

Record Cryptocurrency Seizure

If you’ve been paying attention, crypto/virtual currency has been coming up more and more. Not only...

Truth in Savings: Change in Terms

There are times when you need to (or just want to) change the terms of your deposit accounts. Maybe...

TRID Loan Estimate: Absorbed vs. Offset Costs

When it comes to itemizing charges on the Loan Estimate, the TRID Guidelines indicate there is a...