HMDA
HMDA Threshold Changes: Affecting Coverage

By Nancy Castiglione, CRCM

The CFPB has published a final HMDA rule to increase the thresholds for reporting closed-end mortgage loans and dwelling-secured open-end lines of credit.

A Compliant Mortgage Servicing Transfer Process

By Nancy Castiglione, CRCM

In April, the CFPB issued a bulletin outlining its current guidance on compliance practices for the transfers of residential mortgages by servicers.

Action Training
Red Flags of Identity Theft Training

By Nancy Castiglione, CRCM

Identity theft continues to be a growing problem in the U.S. Training staff to be alert to the red flags and to be up to date on the current events that impact customers and the institution – particularly those that could lead to identity theft – is a critical component of any identity theft prevention program.

Compliance Notes

• OCC on Documentation of SBA PPP Loans
• Flexibility for National Bank Meetings
• CFPB Policy on Remittance Transfer Enforcement

Compliance Calendar

In the Editor's Opinion
I Have a Complaint About...Everything

By Nancy Castiglione, CRCM

The COVID-19 pandemic has led to an (even greater than usual) uptick in consumer complaints filed with the CFPB.

Compliance Q & A

• Addressing the distinction between RESPA’s Mortgage Servicing Transfer Notice and Regulation Z’s Mortgage Transfer Notice

Compliance Online
CFPB's COVID-19 Resource Website

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