- Видео 183
- Просмотров 51 509
Compliance Cohort
Добавлен 10 мар 2022
The Compliance Cohort is a resource for compliance professionals in banks, credit unions, and any of the other trenches where compliance folks dwell. Being compliance professionals ourselves, we personally recognize the importance of easy to understand compliance resources. Not to mention, being able to easily access the information you need, when you need it.
Our channel gives you access to our Compliance Clips - our short training sessions on a specific topic of regulatory compliance.
Our channel gives you access to our Compliance Clips - our short training sessions on a specific topic of regulatory compliance.
Disclosing Fees for an Expedited Debit Card
In this Compliance Clip, Adam answers the question whether a bank's fee schedule must disclose charges for expediting a debit card. Adam explores how Regulation DD and Regulation E apply to this fee and determine if it needs to be included in the bank's official disclosures.
For more Compliance Clips and banking regulatory compliance resources, visit: www.compliancecohort.com
For more Compliance Clips and banking regulatory compliance resources, visit: www.compliancecohort.com
Просмотров: 62
Видео
Error Resolution Notices in Writing or Verbal
Просмотров 924 месяца назад
In this Compliance Clip, Adam addresses a common question on whether error resolution notices need to be provided in writing or can be delivered verbally. Adam dives into Regulation E and breaks down what you need to know to stay compliant when issuing error resolution notices. For more Compliance Clips and banking regulatory compliance resources, visit: www.compliancecohort.com
HMDA Rate Spread Term Not in Whole Years
Просмотров 254 месяца назад
In this Compliance Clip, Adam explains the rules for determining the rate spread term when it isn't expressed in whole years. Adam breaks down the steps and provides clarity on how to handle these non-standard loan terms in your HMDA reporting. For more Compliance Clips and banking regulatory compliance resources, visit: www.compliancecohort.com
What must be included in an FCRA Adverse Action Notice
Просмотров 865 месяцев назад
In this Compliance Clip, Adam discusses the requirements that must be included in a FCRA Adverse Action Notice. Adam talks about the specific requirements for each instance when a notice of adverse action is required to be provided to consumers. For more Compliance Clips and banking regulatory compliance resources, visit: www.compliancecohort.com
When is an FCRA Adverse Action Notice Required?
Просмотров 856 месяцев назад
In this Compliance Clip, Adam discusses when an Adverse Action Notice is required under the Fair Credit Reporting Act. Adam provides instances when financial institutions need to furnish an Adverse Action Notice to a consumer if an adverse action is taken. For more Compliance Clips and banking regulatory compliance resources, visit: www.compliancecohort.com
When is a CTR Required
Просмотров 2416 месяцев назад
In this Compliance Clip, Adam answers the question of what triggers a financial institution to submit a CTR or a Currency Transaction Report. For more Compliance Clips and banking regulatory compliance resources, visit: www.compliancecohort.com
Ways to Identify Redlining
Просмотров 537 месяцев назад
In this Compliance Clip, Adam explains a number of ways the examiners may identify redlining in an organization. In addition, he breaks down the different types of comparative evidence and overt evidence that could result in redlining. This video provides a great framework for understanding how redlining could appear in your financial institution. For more Compliance Clips and banking regulator...
What is Redlining?
Просмотров 757 месяцев назад
In this Compliance Clip, Adam explains what redlining is. In particular, Adam discusses the different definitions provided by the regulators as well as the different forms of redlining. For more Compliance Clips and banking regulatory compliance resources, visit: www.compliancecohort.com
APR in Lending Advertisements
Просмотров 547 месяцев назад
In this Compliance Clip, Adam talks about using an APR in a lending advertisement. Specifically, he discusses when an APR is and is not a trigger term for an advertisement, triggering additional disclosures. For more Compliance Clips and banking regulatory compliance resources, visit: www.compliancecohort.com An overview of our Lending Advertising Requirements program is available at www.compli...
LE & CD Signature Requirements
Просмотров 878 месяцев назад
In this Compliance Clip, Adam reviews the LE and CD signature requirements of Regulation Z. As you will see, Regulation Z provides a few options for applicant signatures, but also has a few requirements that must be met. For more Compliance Clips and banking regulatory compliance resources, visit: www.compliancecohort.com
What to Look for in Lending Advertisements
Просмотров 888 месяцев назад
In this Compliance Clip, Adam discusses the compliance rules to look out for when reviewing advertisements and marketing material related to loans. As the consequences of violating lending advertising compliance rules can be significant, it is imperative that financial institutions know what to look for in their lending marketing and advertising material. For more Compliance Clips and banking r...
Board Report Requirements for ID Theft Red Flags
Просмотров 1179 месяцев назад
In this Compliance Clip, Adam enumerates the requirements for reporting identity theft red flags to the board of directors. In addition, Adam describes an alternative for how small financial institutions can report these requirements in their organization. For more Compliance Clips and banking regulatory compliance resources, visit: www.compliancecohort.com
What is a Protected Class
Просмотров 1059 месяцев назад
In this Compliance Clip, Adam discusses what a protected class is under fair lending. In particular, Adam talks about the protected classes under the two fair lending laws: Fair Housing Act and ECOA, and how they differ as well as how they overlap. For more Compliance Clips and banking regulatory compliance resources, visit: www.compliancecohort.com
TRID Application
Просмотров 12310 месяцев назад
In this Compliance Clip, Adam talks about the six pieces of information r needed for a TRID application under Regulation Z. Adam discusses what constitutes a completed application and when the six pieces of information triggers the loan estimate requirements. For more Compliance Clips and banking regulatory compliance resources, visit: www.compliancecohort.com
Unfair Statement Fees
Просмотров 13510 месяцев назад
In this Compliance Clip, Adam discusses how financial institutions can avoid a potential unfair act or practice when it comes to assessing statement fees and returned statement fees. Adam explains how this practice can result to a risk of UDAAP violation and shares some steps on how to make sure your financial institution is doing it right. For those wanting to take a deep dive into understandi...
What is an Abusive Act or Practice Under UDAAP?
Просмотров 392Год назад
What is an Abusive Act or Practice Under UDAAP?
Filling Out the 1071 Data Collection Form
Просмотров 63Год назад
Filling Out the 1071 Data Collection Form
Denial Reasons for Not Meeting a Minimum Credit Score
Просмотров 78Год назад
Denial Reasons for Not Meeting a Minimum Credit Score
Are Construction Loans Covered by TRID?
Просмотров 36Год назад
Are Construction Loans Covered by TRID?
When is a Suspicious Activity Report Required?
Просмотров 462Год назад
When is a Suspicious Activity Report Required?
Requirements for Reg CC Lobby Disclosures
Просмотров 92Год назад
Requirements for Reg CC Lobby Disclosures
i know it's a pain to say phrases over and over but CIP BSA AML become blah blah blah after a bit
so what is going to be done about it?
I have an application that was submitted by the borrower but with a missing property value. We did not underwrite the loan or provide a decision of any kind because the borrower expressly withdrew. Due to the missing value- is this reportable under HMDA?
Thanks for summarizing this. However, if a notice of incompleteness is sent and applicant doesn’t respond within specified time, the application is denied with denial reason as credit app incomplete, is it safe to say that an AAN is still required to be sent out?
Thank you
Please supply me with deregistration letter
Excellent thankyou
Sounds like a lesson on getting the honest guys
Your only guna guna catch the honest guy
'PromoSM' 😔
Can you provide examples to the regulations you’re speaking about. I found this video to be good in stating the purpose behind the meaning, but no real world examples had been provided to create a working understanding.
Credit is your Right
Thank you. I appreciate the summary.
Can I get any help from any EFTA attorney
I have a transaction issue like EFTA from my accounts and didn’t reach to the persons cause I put different account number and A bank they don’t work with
Just joined!
Thank you for your content
What if I need to transfer a lot of money from old bank account to new bank account because I’m closing the old one. How does that work?
Hope I never have to do that!
If financial institutions have a credit requirement and they dont disclose it to consumer upon them applying for credit, how is that fair?
Hey there. I have a question not related to this vid. It's regarding Reg B/ECOA and electronic adverse action. Do you have a video out or can you refer me somewhere where I can find out if the requirements for mail and electronic adverse action notices are the same? I specifically looking to find out about requirements to send the adverse action vs. Requirements of a successful delivery. I believe if a letter is mailed and it's returned because the client has moved it's not required that the client be tracked down for successful delivery. Is it the same for electronic delivery? What if the letter sent by email fails? Are banks required to track the customer down? How does that work?
I am confused with the FHA rule that came out for RESPA on December 16th, 2022.
😘 𝓟Ř𝔬𝓂𝔬𝐒ϻ
PЯӨMӨƧM
what
Lol
What a great, quick and on point presentation about CMS.
👍