Most Popular Compliance Content
OCC and Predatory Lending
05/01/2000
The Comptroller of the currency has stated that lenders may charge high rates to customers. This statement was made in the context of a talk on predatory lending concerns.
Question & Answer
05/01/2000
Question: One of our commercial loan officers wants me to "waive" the flood insurance requirement for a customer whose property - a warehouse - is located in a flood hazard zone.
Self-regulation from FNMA
05/01/2000
FNMA is shouldering the hefty burden of setting standards that define predatory lending - so it can refuse to buy loans that reflect predatory practices.
Updated Consumer Brochure
05/01/2000
The Federal Reserve Board has updated a brochure that banks can use to provide helpful information to customers.
Question & Answer
05/01/2000
Question: Our bank is developing Internet banking and expanding its website. The Internet enthusiasts want to increase the number of links to third party service providers.