Most Popular Compliance Content
Where's That CTR Warehouse?
06/01/1999
The warehouse has moved - at least the FinCEN computing center has moved. That's the mysterious but not mythical place in Detroit where you send CTRs and SARs.
Question & Answer
06/01/1999
Question: Our examiner just told us that she will look for and reject any "loan churning." I have no idea what this means. Can you explain it?
Is CRA Headed in the Right Direction?
06/01/1999
When CRA was being enacted, regulatory burden already existed. In fact, even then there was enough regulatory burden to raise concerns about the possible additional burdens that CRA might impose.
Question & Answer
06/01/1999
Question: When an applicant relies on public assistance income, who is responsible for proving that public assistance will continue and for what period of time?
FDIC Regs Clean-Up
06/01/1999
Don't get all excited about the recent FDIC action to rescind a CRA policy statement. The policy statement - which dealt with geoanalysis - was rendered obsolete by the "new" CRA regulation.