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How might HMDA Thresholds Affect Your Institution? On April 16, the CFPB announced its final rule on the thresholds for reporting closed-end and open-end loans for HMDA. The threshold for closed-end mortgage loans increased from …
Evelyn I. Dehmey How might HMDA Thresholds Affect Your Institution
Employment Red Flags In Loan Originations In February 2020 Fannie Mae posted information about a 2018 fraud alert related to entities in California identified as allegedly fictitious employers. You can visit https://singlefamily.fanniemae.com/media/6186/display to view the …
Employment Red Flags In Loan Originations Natalie Reifsneider
Are You Aware of NACHA’s New Registry Requirement? NACHA is implementing a new registry, the ACH Contact Registry, for all financial institutions involved in ACH operations. The purpose of the new registry is to allow …
WHAT IS TIME-BARRED DEBT AND HOW DOES IT AFFECT MY BANK? On February 21, the CFPB announced a proposal to amend Regulation F – Fair Debt Collection Practices Act (FDCPA) by requiring debt collectors to …
Evelyn I. Dehmey WHAT IS TIME-BARRED DEBT AND HOW DOES IT AFFECT MY BANK
Are you ready for the SECURE Act of 2019? The SECURE Act (The Setting Every Community Up for Retirement Enhancement Act) of 2019 will affect most retirement savers, for better or worse. This act has …