Below you'll find a list of all posts that have been categorized as “Compliance”
Loan servicing compliance is one of the most important things community bankers think about when they manage their loan portfolios. Yet providing competitive loans to borrowers and managing them well is only one part of the process. You also must ensure that you’re following all federal and state regulations like the Equal Credit Opportunity Act and the Fair Debt Collection Practices Act.
Following a loan servicing compliance guide and relying on experts to guide you can help protect your credit union members. Just remember that you still have to go through the process of researching specific regulations for your state and industry to remain compliant.
Maintaining regulatory compliance requires a focused and continued effort. Lenders need to understand frequently-changing federal and state regulations and translate …
It should be easy to comply with the Truth In Lending Act (TILA), more commonly referred to as Regulation Z …
Today’s robots and long-gone steam engines have something in common: Automation. The essence of automation is the replacement of a …
What’s in it for me? That’s a legitimate question for every lender to ask when evaluating the features, capabilities, and …
Auto lending regulations are the result of consumer advocates, industry lobbyists, and government officials proposing, negotiating, and compromising to bring …
How do you balance the demands of operating an efficient and profitable lending business while complying with increasing regulations? The …
Either you’re compliant or you’re not. In the long run, achieving compliance is the easier choice, but it does require …
Tension and uncertainty created by the CFPB’s 2013 Indirect Auto Lending Bulletin evaporated April 18, 2018, when the US Senate …
