Banker's Compliance Consulting Blog

Documenting Intent to Proceed for TRID

For applications subject to TRID, getting an applicant’s intent to proceed is an important step in...

TRID & Good Faith

“Good faith” is an important concept when it comes to providing TRID disclosures, such as the Loan...

Lender Role in the BSA/AML/CFT Program

Lenders typically aren’t involved in the day-to-day recordkeeping and reporting processes of an...

Regulation E Business Days

Many of the timing requirements found in Regulation E are based on “business days”.There are some...

HMDA: Reporting the Action Taken for Counteroffers

In one of our recent HMDA webinars, we received the following question:

HMDA: Reporting the Loan Amount

Reporting the loan amount for HMDA can be tricky.First of all, you are required to report the exact...

TRID: Estimates on the Closing Disclosure

The Closing Disclosure is required to be in the applicant’s hand at least three business days...

HMDA: Prequalifications vs. Preapprovals

Lenders, and others in the mortgage industry often use the terms “prequalification” and...

OFAC: What Your Frontline Needs to Know

When it comes to BSA/AML/CFT, your frontline personnel are a key to compliance.They are the ones...

TISA: What's the Purpose?

The Truth in Savings Act has been around for over 30 years and while it has seen some periodic...