Most Popular Compliance Content
Sending DC to Customer if Current DC not Expired?
12/25/2016
Can a Financial Institution send out a debit card to an existing customer, even if the current card is not expired? The FI would be sending the new card as a marketing tool, so to someone who hasn't used the card in quite some time. What about if it is a credit card? Same question, but is the answer the same?
Transitory property and HMDA
12/25/2016
If a loan is to purchase a single family dwelling that will be rented out for vacation rentals, is this loan HMDA reportable?
Still sending annual privacy notices?
12/25/2016
Should we be waiting for the Bureau to amend its privacy rule before we stop sending annual privacy notices?
HMDA multi-family communities
12/18/2016
Our collateral consists of an apartment complex made up of 4 units per building, each with a separate address. Is this a multifamily secured loan?
Day to Issue Provisional Credit (Reg E)
12/18/2016
Under Regulation E, when does the first day start for a financial Institution to issue provisional credit to the cardholder. Is it the day an error claim is open, or does day one start the next day?