Compliance Action, Volume 15, Number 10

Mortgage Lending: Change is Coming (4 Action Steps)

By Lucy Griffin

The wise compliance manager will begin planning now for the changes to mortgage practices that are heading our way from the Dodd-Frank Mortgage Reform and Anti-Predatory Lending Act.

Enterprise-wide Risk Management: Everybody's Talking About It (5 Action Steps)

By Lucy Griffin

The effectiveness of your compliance and risk programs depends on an understanding of the big picture.

Action Training
New Mortgage Requirements: Plan for Implementation (Chart)

By Lucy Griffin

Plan, prepare and get started on implementing provisions of the Dodd-Frank Act now.

Compliance Notes

• Planning for Change
• Deposit Insurance Increase is Permanent
• CAC Nominations
• Listen In on CRA Hearings
• Horrors! More HMDA
• Section 32 Loan Adjustment

Compliance Calendar

In the Editor's Opinion
How Enterprise-wide is Risk?

By Lucy Griffin

Enterprise-wide risk management anticipates the disaster and involves an understanding of how different components work together.

Compliance Q & A

• OFAC Check on REO Sale
• Compliance for International Wires
• Conducting a Fair Lending Assessment
• Waiving an Appraisal Fee

S.A.F.E. Rules

The S.A.F.E. Act rules are final and take effect soon.