We are a commercial bank in New York. Do we need to report interest that is paid on our real estate escrow accounts to the IRS?
A question has come up in regard to public comments left on the bank's Facebook page. Would Facebook comments that relate to the bank's performance in helping meet community credit needs rise to the level of placing these in the bank's Public File?
Why can't we hold customers liable for carrying their PIN with their card?
With the SAFE Act, how are we required to handle the NMLS number when an originator leaves before their loan closes? Does their number remain on the documents as they were the Loan Originator or are we required to use a different originator number even though they didn't negotiate the loan?
Must we go through the formalities of an investigation and document what we’ve done such as paying provisional credit on claims that were made timely?