Most Popular Compliance Content
Compensation: How Much and When?
12/01/1997
NDIP isn't RESPA. You may pay staff for referrals to the NDIP sales team. However, there are several conditions or restrictions on compensation. First, the compensation must be reasonable.
Proposed Commentary To Regulation Z
12/01/1997
The Federal Reserve Board staff has proposed revisions to the Regulation Z Official Staff Commentary.
Question & Answer
10/01/1997
Question: In a recent issue, you explained that one of the most common violations to Regulation DD was to fail to include complete information with renewals of time accounts.
CRA Ratings
10/01/1997
The OCC recently posted its third quarter CRA ratings. Of 63 banks examined, 10 earned an Outstanding and 53 earned a Satisfactory. The Outstandings are spread throughout the nation.
Raise Your Good Faith Estimate Compliance
10/01/1997
One of the most common violations that examiners find in RESPA is the failure to send out the Good Faith Estimate within three days of application.