Latest Compliance - Dormant Accounts Topics

The Department of Justice never seems to sleep. Its attorneys are even now developing cases that will test new legal theories under the fair lending laws.

Not yet, but soon. The new policy on exemptions won't be issued until the suspicious activity report process is final.

It's that time of year again. Time for resolutions - and time for updating lots of forms.

Question: What are acceptable ratios for loan applications from minorities and approvals to denials for minorities and non-minorities? Are there any standards?

The Federal Reserve Board has proposed an update to the Official Staff Commentary to Regulation B, Equal Credit Opportunity.