Nobody wants compliance mistakes but when they are tolerable and in moderation, you grow, you learn from them and that leads to improvement and survival in a tough world of compliance and banking.
Audit and Internal Controls,Compliance,Compliance Management and There is a saying, “you don’t know, what you don’t know.” While true, recognize you will still be responsible for all things compliance that you should know.
Many banks do escrow statements at the year end. If your bank is does, your busy season is fast approaching. Regardless of when your escrow statements are done, they must be correct. There is no delay for RESPA deadlines.
Escrow compliance is tough. Not many rules cover such a broad scope over the full life of the loan. Escrowing touches nearly every element of loan compliance in some way: RESPA, TILA, TRID, HPMLs, Flood, and Fair Lending.
Recorded on June 06, 2023
Bank Compliance Basics – an Overview of Deposit and Lending
Banking compliance touches several aspects of banking – ALL of them in fact! Whether you work on the deposit side or the loan side of the bank, you have many rules to follow. Do you ever wonder why?
The short answer is that banks are special.
Recorded on April 06, 2023
Friends with Marketing: Managing a Winning and Compliant Ma
Oil and water. Cats and Dogs. Fire and Ice. Such are the comparisons often used to describe the relationship between compliance and marketing. Are they really two opposing forces always in conflict and rarely compatible?
Nobody wants compliance mistakes but when they are tolerable and in moderation, you learn from them and that’s an improvement. Mistakes can be great when you learn from someone else’s because you don’t suffer the consequences.
It is a fact that, “you don’t know, what you don’t know.” But you will be responsible for all things compliance that you should know. You are responsible for ALL of the compliance changes, updates and guidance issued in 2022.
This two-hour program identifies the major compliance regulations that apply to commercial transactions and reviews particular issues from each of those regulations that cause problems for commercial lenders.