Monday, May 19, 2014



The following articles are featured in the Compliance section:
  • Exemption of Small Servicers-Loss Mitigation
  • List of Homeownership Counseling Exemption
  • ROR Exempt for Mobile Home Primary Residence?
  • Loan to Family Partnership Fall Under RESPA Rules?
  • Appraisal Notice If There Is Not An Official App?
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the OCC and CFPB recently issued new requirements for third-party oversight? These are critically important for anyone involved in collateral valuation or appraisal operations. Click here for a white paper with fourteen recommendations for efficient third-party oversight.



The following articles are featured in the Lending section:
  • The OCC's New Third-Party Oversight Requirements
  • Is Using Spreadsheets an Effective Way to Manage Exceptions?
  • What is the Downside to Using a Document Management System With Integrated Exception Tracking Instead of Spreadsheets or Manual Ticklers?
  • Spreadsheet vs. Manual Tickler - Which is More Popular Among Community Banks for Exception Tracking?
  • Early Disclosure for Non-Owner Occupied Home?
  • Owner-Occupied Balloon Renewal/Dodd-Frank
  • Does Reg Z apply to App for Rental Property?
  • Using Credit Score to Determine Rates for Promo
  • New TIL Required for Change In Circumstance?
if your bank is growing or adding new products or services you are opening yourself to new BSA/AML and fraud risks. You need the best tools to monitor this new activity. Click here to read how one expanding financial institution used the next generation BSA/AML and fraud prevention program, BAM+ from Banker's Toolbox, to scale with their growth and catch sophisticated structuring schemes.

44% of bankers surveyed believe an electronic exception management system is more efficient than using spreadsheets or manual ticklers. This statistic highlights the value of achieving automation in your exception management workflow. Click here to read what bankers are doing to achieve greater automation in exception management.



The following articles are featured in the Operations section:
  • When Can A Hold Be Placed On A Cashier's Check?
  • Safe Deposit Assistance for Blind Customer
  • Documentation for Checks Payable to Magazine
  • Deceased Sole Officer of Corporation-Checks
  • Stop Payment CC/Indemnity Bond Requirement
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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.



Read the Current Edition of Tech Talk

The following articles are featured in the Technology section:
  • Liability for Master Card DC Dispute (Reg E)
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. Outsource your transaction monitoring to AML RightSource and experience continuous process improvement to increase the effectiveness of your BSA program.



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

Starting a "school bank"
We are looking to assist financial education classes at a local high school by opening a "bank" there. This would be run by students three days a week during lunch hours...Are there compliance restrictions we need to consider? We're just in the early phases of getting information.

Read and weigh in with some helpful information on Starting a "school bank" in the General Discussion Forum.


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