02/06/2023 The US Secret Service Louisville Field Office is currently investigating a group who have gone to multiple banks and successfully cashed counterfeit U.S. Savings Bonds. The group cashes large amounts at a time. |
02/03/2023 The Federal Deposit Insurance Corporation (FDIC) issued a Financial Institution Letter today “to inform supervised institutions of recent changes regarding the Home Mortgage Disclosure Act (HMDA) reporting threshold for closed-end mortgage loans and the FDIC’s supervisory approach for enforcing related requirements. |
02/01/2023 Please read this fraud alert that the we received from one of our member banks. |
02/01/2023 Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule to curb excessive credit card late fees that cost American families about $12 billion each year. |
02/01/2023 When the CFPB was organized under Dodd-Frank, the industry was really upset, concerned that too much power would be inserted into the agency that was more focused on consumer protection than with the safety and soundness of the industry. But, little did we know the monster we would get. |
01/26/2023 Everyone knows how tedious HMDA compliance is--one mistake can cause a domino effect on reporting errors |
01/23/2023 I would strongly encourage all of those interested in utilizing electronic signatures, electronic notaries and electronic recording to attend this education program to be prepared for these upcoming changes! |
01/19/2023 The Consumer Financial Protection Bureau (CFPB) released its updated Servicing Examination Procedures yesterday. |
01/12/2023 Online Juris Mater Degreee in Financial Regulation and Compliance from Florida State University College of Law |