Banker's Compliance Consulting Blog

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...

HMDA: Multifamily Dwellings

HMDA has a lot of intricacies, which make compliance a challenge. The first step is determining...

CFPB Takes Action Against Mortgage Lender

On January 17th, the CFPB took action against Draper & Kramer Mortgage Corporation for...

TRID Loan Estimate: Unlimited Tolerance Fees

The fees disclosed on the Loan Estimate are subject to certain tolerances. In other words, the fees...

Corporate Transparency Act Update

The legal drama surrounding the implementation of the Corporate Transparency Act (CTA), continues...

Regulation E: Authorized vs. Unauthorized EFTs

Regulation E does not define or address what constitutes “fraud”. Rather, it

HMDA Demographic Information at Application

If you’ve followed us for long, you’ve likely heard us say “HMDA is an application regulation”. The...

Will Section 1071 Go Away?

With the CFPB seemingly being shut down, at least temporarily, we’ve been asked a lot about what...