FACTOIDS
The obtaining of something of value through intentional misrepresentation or concealment of material facts.
What is Fraud?
This requires we report residential loan data to the federal government.
What is HMDA?
This is who an analyst can call if their supervisor is unavailable.
Who is the Head of Compiance?
You are committing this if you alter previously executed documents without authorization and documentation from the parties that executed the document.
What is fraud?
NCUA stands for this.
What is the National Credit Union Association?
This is a set of guidelines that outlines ethical behavior for team members.
What is the Employee Handbook?
What HMDA Stands for.
What is the Home Mortgage Disclosure Act?
This is the department you call to report workplace harassment, acts of discrimination, or theft of your personal property.
Who is the Human Resources Department?
It is a violation of Credit Union Policy to do this when you are aware of suspicious activity.
What is nothing? (What is to not report it?)
ECOA stand for this.
What is the Equal Credit Opportunity Act?
This program exists to ensure compliance with Federal and State Regulations.
What is the Compliance Program?
This law prohibits remuneration in exchange for referrals of Federally Related Mortgage Loan business.
What is RESPA?
This is who you call if you have questions about PTO.
Who is the Human Resources Department?
This is receiving a gift in exchange for referrals.
What is a kickback?
Regulation Z implements this law.
What is the Truth in Lending Act?
AKA Dave
Scott
RESPA stands for this.
What is the Real Estate Settlement Procedures Act?
Who an analyst calls if there is a compliance related question they can't answer.
Who is the Head of Compliance or Compliance Supervisor?
This occurs when a an institution bills for a higher amount than what is billed by a third party.
What is upcharging?
Regulation P
What is privacy regulation?
The de minimis limit for ECOA.
What is the there is no de minimis limit?
SCRA stands for this
What is the Servicemember Civil Relief Act?
This body is the ultimate authority within the credit union.
What is the Board of Directors?
Law section that can hold a person liable for actions that pay for referrals.
What is RESPA section 8?
Regulation ZZ
What are the regulations implement in the Adjustable Interest Rate (LIBOR) Act?