09/26/2024 Our bank knows that a commercial / business purpose loan will be excluded from HMDA, unless that loan is a home improvement loan, a home purchase loan, or a refinancing. But would such a loan / transaction be reportable under Section 1071? |
09/20/2024 Under the Regulation Z advertising rules, when is APR considered to be a “triggering term”? |
09/12/2024 What is enhanced due diligence (EDD), and when would our bank employ such a practice? |
09/04/2024 What is the scope of the new Reconsideration of Value (ROV) Final Rule? When must banks comply with its updates? |
08/29/2024 We rely on Beneficial Ownership Certifications. When do these need to be signed by the customer? |
08/15/2024 I’ve heard it said that an individual cannot serve on the board of directors of two financial institutions at the same time. Is that true? |
08/12/2024 A bank has foreclosed on a delinquent HELOC; under Regulation B, are they required to send an Adverse Action Notice to the borrower? |