Most Popular Compliance Content
Servicing Disclosure on Denied Applications
10/20/2003
If a customer obtains a loan application, completes it, and mails it back, we decide within 3 days to deny the application, do we still need to send a mortgage servicing disclosure under RESPA?
OFAC Verification on Cashier's Check Payee
10/20/2003
Our tellers do an OFAC inquiry on the payee of a cashier's check before issuing it. What is our responsibility in the case of money orders? Many customers want the payee left blank.
New Fax Legislation
10/20/2003
Where can I obtain information about the new fax legislation as to what can be or can not be faxed with respect to banking?
OFAC Help on Wire Transfers - Mary Beth Guard
10/13/2003
OFAC Help on Wire Transfers
by Mary Beth Guard, BOL Guru
CTRs & "Multiple Transactions"
10/06/2003
Does the term "multiple transactions" on the CTR form mean: 1) that more than 1 account number was used in the transactions, or 2) there is one account number and multiple transactions were conducted on that account?