Most Popular Compliance Content
RVs and HMDA
01/01/2017
My customer is purchasing a large RV which will be his permanent home. Is this HMDA reportable?
Conversion When Acquiring Another Bank (HMDA)
01/01/2017
Our bank has a conversion scheduled for January 3rd as we are acquiring another bank and need assistance with the following questions: 1. Will the bank we are acquiring be responsible for filing their own HMDA for 2016? 2. Will this data be included in any exam for our bank since it was prior to the acquisition? 3. What impact will the existing HMDA 2016 data be for our bank?
FinCEN Geographically Targeted Orders
01/01/2017
What have FinCEN’s geographically targeted orders required banks to do?
Sending DC to Customer if Current DC not Expired?
12/25/2016
Can a Financial Institution send out a debit card to an existing customer, even if the current card is not expired? The FI would be sending the new card as a marketing tool, so to someone who hasn't used the card in quite some time. What about if it is a credit card? Same question, but is the answer the same?
Transitory property and HMDA
12/25/2016
If a loan is to purchase a single family dwelling that will be rented out for vacation rentals, is this loan HMDA reportable?