Banker's Compliance Consulting Blog

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”.

Crypto/Virtual Currency: Pros & Cons

When it comes to crypto and/or virtual currency, there are pros and cons. One pro is that users can...

HMDA: Common Data Field Errors – Part 2

HMDA compliance is tough! With all the data you are required to collect and report, there are bound...

Corporate Transparency Act Update: Legal Rollercoaster for Banks

For bank compliance professionals, staying up to date on the Corporate Transparency Act (CTA) has...

Corporate Transparency Act Enforcement Update

The enforcement landscape surrounding the Corporate Transparency Act (CTA) has taken another sharp...

Advertising: Closed-End Credit Triggering Terms

If you advertise closed-end credit, there are several “triggering” terms you need to be aware of....

Mortgage Life Cycle: Requiring Signatures

Regulation B states …a creditor shall not require the signature of an applicant's spouse or other...

Complaints: Monitoring, Reporting & Oversight

Addressing complaints is the most important aspect of a complaint management program. If a customer...