Most Popular Compliance Content
What is the first hold day for Reg CC
12/25/2022
When you put a funds availability hold on a deposit account does first business day begin the day of deposit, the next day, or next business day?
I don’t need to know banking law, do I?!
12/25/2022
Why do I need to know what actual bank laws say – I can just stick to the regulation, right? Isn’t the law for attorneys to read?
A LAR for small business lending
12/18/2022
When should we expect having to gather small business loan data for Reg B?
As a compliance pro, should I care about NPRMs?
12/18/2022
What does “NPRM” mean in compliance, and why do I care?
Avoiding Escrow Payment Shock
12/18/2022
If we know a borrower's taxes will be much higher in the second year, are we allowed to use the higher tax amount when we establish an escrow account.........OR..........are we required to estimate the tax payment based on the amount the taxes will likely be the first year and depend on the borrower to VOLUNTARILY add escrow monies to the escrow account to prevent payment shock the following year?