Banker's Compliance Consulting Blog

BSA & Monitoring

Monitoring is a key component of your BSA/AML program. It is imperative that you have systems in...

Beneficial Owners for Lenders

The Beneficial Owner requirements apply to legal entity customers who open an account that could be...

FREE Deposit Compliance Q & A Forum

When it comes to unauthorized electronic funds transfers, Regulation E is all about protecting the...

HMDA Demographic Information: Don’t Touch It!

When an applicant completes their demographic information, we like to tell financial institutions...

What is Private Flood Insurance?

As of July 1st, 2019, financial institutions must accept a private flood insurance policy if a...

Ability to Repay Documentation

The Ability to Repay requirements found in Regulation Z require lenders to make a good faith and...

TRID Closing Disclosure: Estimated Taxes, Insurance & Assessments

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

FinCEN issues an Alert on Increasing Mail Theft

FinCEN recently issued an Alert in light of what it’s seeing as a …a nationwide surge in check...

Regulation E: Provisional Credit

When a customer notifies you of an error, you are required to start an investigation. Under ...

CFPB Issues Advisory Opinion on RESPA Section 8

The CFPB recently issued an Advisory Opinion that focuses on how RESPA’s Section 8 prohibitions...