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#1600247 - 09/06/11 07:53 PM privacy disclosures and documentation
small town girl Offline
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Joined: Dec 2005
Posts: 153
How do you document giving loan customers the initial privacy disclosure? We don't document it on the deposit side but we are thinking about trying to document it on the loan side. Please tell me how you do this within your financial institution!

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General Discussion
#1600254 - 09/06/11 08:03 PM Re: privacy disclosures and documentation small town girl
Kathleen O. Blanchard Offline

10K Club
Kathleen O. Blanchard
Joined: Dec 2000
Posts: 21,293
I always programmed it to print with the loan closing documents. We demonstrated that it printed each time as a required disclosure.

When I was testing loan areas for disclosures, I would check the packages being prepared for all required disclosures...for privacy I would check closing packages and document the results of the test.
_________________________
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
The HMDA Academy
www.kaybeescomplianceinsights.com

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#1601811 - 09/09/11 05:47 PM Re: privacy disclosures and documentation Kathleen O. Blanchard
NU Rhules Offline
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NU Rhules
Joined: Mar 2011
Posts: 464
SE, Nebraska
Doesn't this apply to new loan customers who do not already have other accounts with the bank?

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