Most Popular Compliance Content
Question & Answer
05/01/1996
Question: I recently read that credit scoring is being used for business loans. Would this use of credit scoring be subject to the Regulation B rules on credit scoring?
Use Consumer Complaints To Do Your Job!
05/01/1996
Too many bankers look at consumer complaints as a nuisance. They resent having to do the research on a complaint or respond to a consumer.
Question & Answer
05/01/1996
Question: In my review of files in the commercial lending department, I identified several loans that have the signature of the applicant's spouse.
Treat Them Right When They Complain!
05/01/1996
When keeping your compliance program running while trying to stay up to date on compliance developments, it is easy to overlook general issues that aren't driven by a specific regulatory priority.
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%.