Latest Compliance - Reg. M Topics

A Commentary is a document which interprets and explains the regulation and law. But commentaries are not always clear and self-explanatory.

HMDA looks deceptively straightforward. However, as we work with it, we continue to discover areas of ambiguity.

Credit scoring systems are becoming increasingly popular among lenders, particularly as lenders are pressured to make fair and consistent decisions.

The bank regulatory agencies have issued final rules on suspicious activity reporting. The rules take effect on April 1, 1996, and that's no joke!

The reports are coming in on some of the first compliance examinations under the new CRA regulation and examination procedures.