Most Popular Compliance Content
They've Got Mail
02/01/1998
The bank regulatory agencies are getting mail - lots of it. And even more phone calls. Know Your Customer has hit the streets in a big way. Each of the agencies have logged in hundreds of letters.
Question & Answer
02/01/1998
Question: We have customers that have heard about the KYC proposal and are very upset. They want to send in comments. Do they write to the same address that banks do?
Question & Answer
01/01/1998
Question: Under ECOA, we only have to give the adverse action notice to the primary applicant.
Servicing Transfer Notices
01/01/1998
There is a little bit of chaos regarding just what sort of servicing transfer notice is required when taking an application for a mortgage loan.
Question & Answer
01/01/1998
Question: We have been reporting foreclosures and write-offs on our borrowers.