Most Popular Compliance Content
RESPA Respite
10/01/1996
We don't often get good news about what Congress has done with compliance legislation. But this year's banking act had some genuine burden relief.
Question & Answer
10/01/1996
Question: We are making a loan secured by a second trust and have just discovered that although the property securing the loan is in a flood hazard zone, there is no insurance on the propert
Compliance Don't
10/01/1996
Don't copy or borrow forms from another bank. You may be borrowing a violation. After all, what makes you think they know more than you?
More Burden Relief on RESPA
10/01/1996
The act contains several changes to RESPA that affect notifications to customers. They are clearly intended to simplify compliance.
ACLU files Fair Lending Lawsuit
10/01/1996
ACLU has filed a private lawsuit under the fair lending laws against a mortgage banker based in Mt. Laurel, New Jersey.