Most Popular Compliance Content
Enforcement of Section 8
11/20/2016
Wasn’t there a recent court decision that affects the CFPB’s ability to enforce Section 8?
Include DBA Information On CTR?
11/20/2016
A DBA account owner withdrew over $10,000. The account is under the owner's Social Security number. The tellers said the transaction was for personal use. Do we include the DBA information on the CTR?
Disclosing account balances
11/20/2016
May a financial institution disclose a single balance inclusive of overdraft protection funds (i.e. a line of credit or discretionary service amount)?
Mortgage Lenders Required to Issue Credit Decision
11/13/2016
Are mortgage lenders required to issue a credit decision (conditional approval or Pre-approval or notice of incompleteness or denial) on purchases and a commitment letter on refi's within 30 days of application? We have a purchase of new construction file that sat for 4 months while construction finished with no credit decision.
Reg E - Provisional Credit
11/13/2016
Does a credit card have to follow Reg. E's provisional credit rule, or does a credit card even have any regulations requiring provisional credit at all?