Most Popular Compliance Content
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?
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?
Calculating Flood Insurance On A Duplex
12/18/2016
How do you calculate flood insurance on a duplex where the borrower is purchasing both and they will live in one as their primary residence and the other side will be a rental? There will be two separate purchase loans; one for the primary residence and one for the rental. Does it make a difference if it is titled differently vs titled the same?ra
Banks and BSA/AML penalties
12/18/2016
Have there been any significant BSA/AML penalties imposed on banks?
HMDA multi-family communities
12/18/2016
Our collateral consists of an apartment complex made up of 4 units per building, each with a separate address. Is this a multifamily secured loan?