The word from the regulatory agencies is out, and it's final. There will be no delays in implementing the new CRA regulation and examination procedures.
Question: One of the reasons on our adverse action notice form is "Limited credit experience with this bank." Is this a valid reason to deny credit?
Question: Our bank is planning to offer a "debit" card. Is there anything we should be concerned about under ECOA?
October 1,1995 was to have been a big day in the world of criminal referrals and currency transaction reporting. Simplified forms and reporting procedures were to have taken effect that day.
Question: What is the difference between a co-applicant and a joint applicant? Are these different from a co-signer?