Most Popular Compliance Content
Compliance Statistics
05/01/1996
An interesting compliance stat: In 1995, the FDIC examined 2814 banks and found compliance violations in 2714. That's a violation rate of 96.4%.
CORRECTION: FDIC Signs Not Required At Night Depositories
05/01/1996
In "Posters and Notices" (Volume I, Number 5) we advised readers that FDIC signs had to be placed at night depositories.
High Cost Mortgages: The Commentary
05/01/1996
The Federal Reserve's published Commentary to the high cost mortgage rule contains clarification and no real surprises.
RESPA: Computer Loan Origination Fees
05/01/1996
HUD still struggles to find the right solution for computer loan originations. Computer loan originations are designed to help consumers shop for loans.
Exemptions: Real Developments At Last
05/01/1996
The Financial Crimes Enforcement Network ("FinCEN") has published an interim rule on exemptions with a request for comments. This amounts to a temporary regulation that is open for comment.