Most Popular Lending Content
Predatory Lending: OCC Issues New Guidelines
02/01/2005
Following the old advice of something old, something new, the OCC has issued guidelines on establishing standards for national banks on mortgage lending.
COMPLIANCE CALENDAR
02/01/2005
MARCH
Affiliated Business Arrangement
02/01/2005
Question: I need some guidance on an affiliated business arrangement. We have an employee who is a SVP and Chief Credit Officer and is also over our Mortgage Lending Department.
BSA Training Is For Everyone!
01/31/2005
I'm the Internal Auditor of a community bank and will really appreciate your help with this. I'm working on the BSA Internal Audit and was trying to see if the FDIC/State requires for all employees to complete their BSA training, regardless of their department? We have a very good compliance program and training but it seems that some of the Loan department has not finish or even started with their online BSA training. Should I include as a recommendation to make sure that all employees complete their BSA training or should I write it up as violation? If you advise me to write it as a violation, give me good arguments because I have a stubborn Compliance Officer. Once again I would like to thank you for your time and assistance.
When Are Early Disclosures Required?
01/17/2005
If a borrower makes a "face-to-face" application, do the early/predisclosure forms have to be given to them on that day, or do we have three days to mail them out to the customer?