Latest Lending - Money Laundering Topics

Congress's efforts at burden relief often fall short of the mark. However, one important feature in this year's banking act provides protection for fair lending self assessment.

Some of the oldest regulatory requirements top the list of violations cited during compliance examinations.

The FDIC has issued a revised edition of SIDE-BY-SIDE, A guide to Fair Lending.

Question: My bank's indirect lending department wants to draft a "friendly" adverse action letter. They also want to preprint the ECOA notice on the back side of the stationary.

At the 1996 ABA Compliance Conference, the panel of regulators was asked what they considered to be "hot topics" in compliance for the coming year.