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Bankers' Hotline, Volume 16, Number 2

April 04, 2006

"Mortgage Elimination" Scams Increase: FBI, FED Alert Bankers of Schemes

If someone promises a "too-good-to-be-true" solution, that's probably what it is. Mortgage holders are being warned to watch out for illegal schemes being offered to the public that purport to eliminate outstanding debt.

FinCEN Loses Director

William J. Fox leaves FinCEN.

NCLR Reports Hispanics Need More Than Literature

The NCLR reports that sound financial planning is more vital in protecting Hispanics than simply handing them educational literature.

In The News

Statistics, Facts, & Such

Training Page
Illinois Court Drives Nail Into Self-Service Box Coffin

by David McGuinns

If your institution is now offering, or is contemplating offering, the new "no fault" self-service box concept to your customers, be advised that there could be costly financial consequences down the road.

Pay By Touch, BioPay Merge

Ending a competitive feud, Pay by Touch and BioPay merge.

From the editor's desk
Technology is Getting Scary

by Barbara Hurst

As technology advances, so do the tools being used by criminals and increased vigilance for security and all bank personnel.

War Stories

Questions & Answers

Other Bankers

Executive Editor:
Barbara Hurst
P. Kevin Smith, CPP
Contributing Editor:
Genilee S. Parente
Board of Advisors:
John S. Burnett
Peter G. Djinis, Esq.
William Gearin
Lucy H. Griffin
Mary Beth Guard, Esq.
David McGuinn
Robert G. Rowe, III, Esq.
Barry Thompson
Dana Turner
Andy Zavoina

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