Monday, December 9, 2013



The following articles are featured in the Compliance section:
  • Increase Productivity by Reducing BSA/AML Transaction Monitoring Workload
  • Change in Disclosing Customer Info on CTR?
  • Special Reporting/Monitoring Required for DC Loan?
  • New Trustee Use Old Grantors SS#?
  • Home Equity for Divorce Payoff- HMDA Reportable?
  • New Reg Z Requirements and NMLSR ID
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that managing loan files electronically can significantly streamline your audit and exam preparation process? Systems such as AccuAccount reduce auditor expenses, improve information accuracy, and minimize lost or missing files. Learn why auditors are recommending document management software. Watch this free video.



The following articles are featured in the Lending section:
  • What Percentage of Banks Considers Their Current Loan Management Processes to Be "Extremely Efficient?"
  • Disclosures Required for Performing Rate Lock
  • Determining APOR-Ceiling for HOEPA Test?
  • Legal To Sign Loan Paperwork w/o Acct. Number?
  • Collection of GMI for HMDA/Equal Credit Act
  • Renew/Extend Draw Period on HELOCs?
conducting Regression Analysis on your loan data is the only definitive way to determine if your institution treats all applicants equally. However, Fair Lending Regression Analysis isn't right for everyone. Download a FREE eBrief, "A Fair Lending Regression Primer" from TRUPOINT Partners to learn how regression is used in Fair Lending compliance.

there are countless advantages to outsourcing BSA/AML Transaction Monitoring to the experts? Imagine NO MORE transaction monitoring, alerts, caseloads and staffing issues, while creating more time for other responsibilities. Join us for a complimentary webinar to reimagine your BSA/AML Transaction Monitoring program and contain, reduce and even eliminate the costs associated with your BSA program. Register here.



The following articles are featured in the Operations section:
  • Valid Form of ID On An Estate Account
  • How Long to Leave Deceased Name On Joint Account?
  • Risks If Take Stop Payments By Phone/No Signature
  • Liability for Checks Issued to UTMA Custodian
  • Incapacitated Grantor/Trustee-Irrevocable?
many lenders and AMCs are gearing up for appraisal qc exams? According to Fannie Mae and Freddie Mac, you need a documented appraisal QC process. Download the industry collaborative white paper "Appraisal QC: Industry Best Practices" here.

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Are you looking for help from other bankers?
Check out the
Bankers' Threads!

Is a Minor a Customer for CIP purposes?
Please settle an internal dispute that we are having. The CIP definition of Customer seems to exclude a minor but I don't see any situation in which we could not obtain the name, address, DOB and Identifying Number of a minor. What do your CIP policies state for minors?

Read and weigh in with some helpful information on Is a Minor a Customer for CIP purposes? in the BSA/AML/CIP/OFAC Forum.

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