Most Popular Compliance Content
HUD Fee Disclosures
03/23/2009
When a real estate purchase loan goes to a closing company they prepare and send the HUD for the bank to approve. When they disclose fees such as appraisal, credit report and flood they show the funds being paid to our bank instead of the actual service provider. Are we headed down a bad road?
Funds Availability Notice - Font Size Requirements
03/23/2009
What are the font text size requirements for the Reg CC Funds Availability Policy Notice we must display in our lobby?
FACTA - Medical Collections & Credit Decision
03/23/2009
During a recent FDIC exam, we were advised it would be a violation to use medical collections as a negative basis for a credit decision since that constituted "use of medical information." I reviewed the FACTA and commentary from the FTC which does not seem to support the statement from the examiner. As a general rule we would not view a few small medical collections as significant credit issues. However, if there are many unpaid medical collections or they are large amounts, it could negatively affect a credit decision in the same manner as any other non-medical collection would. It is hard for us to accept that evaluating an unpaid medical collection constitutes "use of medical information." What is your opinion?
Deposit Products & Insiders
03/23/2009
Is there a regulation that forbids sweetheart deals on deposit products for insiders?
List of Notices to Post in Bank
03/23/2009
Where can I find a list of all the notices with size requirements that must be posted in the bank?