Blog

Beginning July 1, 2017, the three major credit bureaus – TransUnion, Experian, and Equifax – will exclude information on civil judgments and tax liens from consumer reports unless that information has been verified. In order to be included in the credit report, new and existing tax lien and civil judgment data must: 1) include a person’s name and address as well as Social Security number or date of birth; and 2) credit bureaus must verify

On June 7 Attorney General Jeff Sessions issued a memo that prohibits all Department of Justice (DOJ) components and 94 United States Attorney’s Offices from entering into any agreement on behalf of the United States in settlement of federal claims or charges that directs or provides for a settlement payment to non-governmental, third parties that were not directly harmed by the conduct. The DOJ noted that under the Obama Administration, “the Department repeatedly required settling

Our first blog article was published on June 22, 2010. We just completed the seventh year of Jack’s Blog. During that period we have written hundreds of articles. The headlines from June 2010 are still pertinent. Fair Lending – Is it still hot? (Conclusion – Yes, Fair Lending was hot seven years ago and is still hot today.) New Uniform Residential Mortgage Loan Application (NMSLR ID was added to form in 2010 and major revisions

In an opening day session of the 2017 Regulatory Compliance Conference (RCC), titled “Engaging in the Digital Marketing Age #BankBrand #AmICompliant? #Bank@SocialMedia”, a panel of four esteemed compliance professionals took on digital marketing. Early in the presentation it became clear that, although there are specific laws that must be adhered to and best practices that should be applied for managing risk in digital marketing, many potential issues are still emerging. Most financial institutions have had

Over 1,800 bankers, consultants and vendors have gathered for the annual Regulatory Compliance Conference (RCC) at the Dolphin Hotel at Disney World in Orlando for the event from June 11 – 14, 2017. This the largest gathering of compliance professionals in the nation. The RCC literally has more sessions than an individual can possibly attend. Interesting session titles include: Are You in Alignment? Fortifying Your Compliance Management Ecosystem for Success Through the Three Lines of