Brannam v. Huntington Mortgage Company
Doc Prep Fee - The Huntington Case
The 6th Circuit Court of Appeals rejected the argument that only actual costs for preparing loan related documents may be charged. The Court ruled a document preparation fee is considered reasonable if it is for a service actually preformed and reasonable in comparison to the prevailing practices in the industry in the relevant market.
print
email
sharePenalties View All
$6,500
Nebraska State Bank pays $6,500 for flood insurance violations
Issued by FDIC
$132,000
Renasant Bank hit with $132,000 flood penalty
Issued by FDIC
$24,000
Farmers & Merchants pays for flood insurance violations
Issued by FDIC
$4,000
Chillicothe State Bank pays flood insurance penalty
Issued by FDIC
$9,500
Farmers Bank & Trust pays flood insurance penalty
Issued by FDIC
$11,000
Pioneer Bank pays flood insurance penalty
Issued by FRB
$11,000
Dime Community Bank pays $11K flood insurance penalty
Issued by FRB
$71,000
South Shore Bank pays $71,000 flood penalty
Issued by FRB
$26,500
Commercial Bank pays $26,500 for flood insurance violations
Issued by FRB
$8,000
First Vision Bank pays $8K flood insurance penalty
Issued by FRB
$3,620,000
Michigan bank pays $3.6 million for flood insurance penalties
Issued by OCC
$40,500
Washington Federal pays flood penalty
Issued by OCC
$193,105.50
The Federal Savings Bank pays $193K flood penalty
Issued by OCC
$382,500
USAA FSB pays $382,500 flood insurance penalty
Issued by OCC
$547,200
State Farm Bank FSB pays $547,200 for flood violations
Issued by OCC
$9 million
CommunityBank of Texas fined for BSA/AML violations
$100,000,000
BitMEX gets $100M CMP for BSA violations
Issued by FinCEN
$390,000,000
Capital One, NA, pays $390M for BSA violations
Issued by FinCEN
$60 million
Bitcoin 'mixer' fined $60M for multiple BSA violations
Issued by FinCEN
$450,000
Former U.S. Bank official gets CMP for BSA failings
Issued by FinCEN
$7,500,000
Bancorp Bank pays BSA/AML penalty
Issued by FDIC
$225,000
California Pacific Bank to pay BSA/AML penalty
Issued by FDIC
$1,250,000
Alma Bank - BSA/AML penalty
Issued by FDIC
$190,000
Banamex bankers get CMPs and prohibitions
Issued by FDIC
$40,000
TSB Bank pays CMP for CTR filing violations
Issued by FDIC
$15 million
U.S. Bancorp pays $15M for BSA/AML failures
Issued by FRB
$29 million
Mega International Commercial Bank pays $29M BSA penalty
Issued by FRB, State Agency
$41 million
Deutsche Bank AG to pay $41M penalty for AML deficiencies
Issued by FRB
2.05B
JPMorgan Chase Bank, N.A.
Written Agreement
M&T Bank Corporation and Manufacturers & Traders Trust Company
Issued by FRB
$9 million
CommunityBank of Texas fined for BSA/AML violations
$2,500,000
Washington Federal Bank pays $2.5M BSA/AML penalty
Issued by OCC
$39,000
NJ bank director and BSA officer pay for BSA violations
Issued by OCC
$5,000,000
First Abu Dhabi Bank USA pays BSA/AML penalty
Issued by OCC
$100,000
Neighborhood National Bank pays $100K for BSA/AML failings
Issued by OCC
$38 million
Interactive Brokers LLC paying $38M for BSA/AML failures
$12,500,000
Bank of China NY Branch gets BSA fine
$1,300,000
Aegis Capital assessed $1.3 million for SAR filing failures
$16.5 million
FINRA fines Credit Suisse Securities $16.5M for AML faults
Issued by FINRA
$300,000
Albert Fried & Company pays for SAR failures
Issued by SEC
$5,228,298
Sojitz (Hong Kong) Limited pays $5M+ OFAC penalty
$91,172
Airbnb Payments, Inc. settles potential OFAC liability
Issued by OFAC
$115,005.04
TD Bank pays $115K for OFAC sanctions violations
Issued by OFAC
$150,000 and prohibition
Former Louisiana Banker banned and fined $150,000
Issued by OCC
$0.00
Former California banker gets order of restitution and prohibition
Issued by FRB
Banker Store View All
From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:
Banker Storehot right now
Looking for effective, convenient training on a particular subject?
BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.