Banker's Compliance Consulting Blog

BSA/AML/CFT Hot Topics

In our recent “BSA/AML/CFT New Year Update” webinar, Kevin Edwards shared several topics that will...

Advertising in the Digital Age

Many of the banking laws and regulations related to advertising were written decades ago, well...

When Do You Have a TRID Application?

If you are new to TRID, one of the first things you need to understand is when you have a TRID...

Escrow Closing Notice

When an escrow account is canceled during the term of a loan, the Truth in Lending Act generally...

Customer Due Diligence/Beneficial Owners: Updating Customer Information

The Customer Due Diligence (CDD) and Beneficial Owner (BO) requirements are not a one and done. In...

FDIC Updates Signs and Advertising Q & As

On December 2, 2024, the FDIC released additional Q & As related to the Official Signs &...

Section 1071: Application Method

When it comes to reporting Section 1071 data, a financial institution must indicate whether a...

Section 1071: Collecting Demographic Information

For applications subject to Section 1071, financial institutions must request the ethnicity, race...

Lending Discrimination: Legal vs. Illegal

Lenders discriminate every day. They might turn down a loan because the loan to value is too high...

2025 FREE Lending Compliance Q & A Coming Soon!

Be sure to JOIN US on January 15, 2025, for our “FREE Lending Compliance Q & A Forum”.