Most Popular Compliance Content
Credit Checks for New Employment Applicants
09/30/2008
How does this regulation apply to credit checks performed for new employment applicants?
Customer Refuses to Pay Escrow
09/29/2008
We have a customer who is refusing to pay the increase in her taxes which has made her escrow negative. We have asked her several times to catch up, giving her several opportunities. We would now like her to pay her own escrow. Because of her refusal to catch up, are we allowed to discontinue paying her escrow for her? I have looked in the Consumer Compliance Manual and have not noticed anything about discontinuing the escrow payments.
Consequences of Failure to Comply with Red Flag Rules
09/29/2008
What are the consequences of failure to comply and/or develop a written policy?
Debit Card Transaction "Round Up" Program
09/29/2008
We are looking to implement a "round up" program for debit card transactions with the rounded up amount going to a savings account. What disclosures are needed and do we need written authorization from our customers to participate in such a program?
Implementing the Change of Address Verification under the Red Flag Rule
09/29/2008
Under the new Red Flag Rule guidelines how can our institution implement the change of address verification requirement?