RSK.IQ.Staff, Author at RSK Compliance Solutions LLC • Page 28 of 122

RSK.IQ Question of the Week 4/22/19

Posted on April 22, 2019April 19, 2019 by RSK.IQ.Staff

Temporary Authority Under the S.A.F.E. Act

Issue/Inquiry

The Bank understands that certain MLOs will be given temporary authority to originate loans while waiting to be licensed. How will this work and when will it go into effect?

RSK.IQ Question of the Week 4/15/19

Posted on April 15, 2019April 12, 2019 by RSK.IQ.Staff

How Can the Terms of Time Deposits be Changed?

Issue/Inquiry

The Bank asks whether a change in the terms of a time deposit agreement would apply to existing time deposits or only new time deposits. Would the Bank need to send a new disclosure to the customers holding existing time deposits?

RSK. IQ Question of the Week 4/8/19

Posted on April 8, 2019April 5, 2019 by RSK.IQ.Staff

Regulation Z and Loan Originator Compensation Agreement

Issue/Inquiry

Is the Bank required to have compensation agreements with its Loan Officers?