Most Popular Compliance Content
Combining Income of Unmarried Co-Applicants
02/09/2004
My question concerns calculating the Debt to Income ratio. It is my understanding that if we combine the income of a married couple then we are required to combine the income of co-applicants and/or co-signers regardless of the relationship. Is this correct?
Mandatory Training
02/09/2004
I recently heard at a meeting that there are 5 banking regulations that it is mandatory to have training on. Which regulations are they?
Retention Period on Home Equity Loan Files
02/09/2004
What is the retention period for home equity loan paid files and/or denied files?
HOEPA Disclosure Timing
02/09/2004
How long from the time of application does the Bank have to provide HOEPA disclosures on a HOEPA loan request?
New HMDA Sign
02/09/2004
When do we have to change the language on our HMDA notice in the lobbies of our branches to include ethnicity? Logically, the data collected in 2004 is the first to show ethnicity so I would think the notice language is changed to include that in 2005, when that data is available. I have found no source for new posters or even for the language other than your Guru Speaks about HMDA...any help would be appreciated. Thanks!