Welcome to the Compliance Cohort. We are a group of compliance professionals working to make compliance easier. Our goal is to take complex compliance concepts and put them in simple terms that apply to the real world. We are glad you have found us and look forward to collaborating in the future.
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In this Compliance Clip (video), Adam explores whether lenders can reuse a previous flood determination when refinancing or assuming a loan, or when multiple loans are secured by the same property. He discusses why the answer isn’t always as straightforward as it may seem and highlights the regulatory guidance lenders need to consider before relying on an existing determination. A transcript of this video is now available.
Our 2026 edition of the Board of Directors Annual Compliance Update program is now available in our store. This program is designed to provide the Board and Sr. Management with both a very quick overview of the Board’s responsibilities on Compliance Management and an update on the changes and new developments in compliance rules and regulations. Presented with a “bottom line” approach, this program is as short and to the point as possible, covering both a straightforward overview of the Board’s compliance responsibilities and a clear update on the biggest changes and new developments in compliance over the past year, all in just 36 minutes. To learn more about this program, go to: www.compliancecohort.com/board-annual-compliance-update.
On August 25, 2026, the ABA Banking Journal wrote an article reporting that the FDIC has held discussions with the Federal Reserve regarding proposed changes to the Community Reinvestment Act (CRA) regulations and would welcome the Federal Reserve’s participation in the rulemaking process.
On August 25, 2026, the FDIC, NCUA, OCC, CFPB, HUD, DOJ, and FHFA rescinded the “Interagency Statement on Special Purpose Credit Programs Under the Equal Credit Opportunity Act and Regulation B” issued on February 22, 2022. The 2022 Interagency Statement encouraged creditors to offer special purpose credit programs and provided guidance on their permissibility.
On August 24, 2026, John Crews was sworn-in as the fourteenth Chairman of the National Credit Union Administration (NCUA). Crews was designated by President Donald Trump following his confirmation by the Senate as a member of the NCUA Board of Directors.
On August 17, 2026, FinCEN held an outreach event bringing together law enforcement and financial sectors to address health care benefits fraud, specifically focusing on the exploitation of hospice care services. Participants discussed new and emerging health care fraud schemes targeting federal and state health insurance programs, associated financial typologies and red flag indicators, and opportunities to boost awareness around hospice care fraud.
Looking for flood insurance training specifically designed for loan officers and processors? Flood for Lenders focuses on the flood insurance requirements lending staff encounter throughout the loan process, helping them understand what they need to do, why it matters, and how their role supports your institution’s compliance. Choose from Flood Essentials for Lenders (30 minutes) for a concise overview or Advanced Flood for Lenders (73 minutes) for a more comprehensive program with practical examples. Taught from a practical lending perspective, this training is an ideal solution for onboarding new staff, annual training, or strengthening your lending team’s understanding of flood insurance requirements. To register for our Flood for Lenders program, go to: www.compliancecohort.com/flood-for-lenders.
In this Compliance Clip (video), Adam explores an important question about the timing of the flood notice when a loan involves property located in a high-risk flood zone. He discusses what lenders should consider when determining how far in advance the notice should be provided and highlights guidance that can help lenders avoid potential compliance issues. A transcript of this video is now available.
On August 19, 2026, Comptroller of the Currency Jonathan Gould participated in a Fireside Chat at the Wyoming Blockchain Symposium. During the discussion, Gould provided an update on the OCC’s ongoing efforts to foster economic growth and establish the United States as a global leader in the digital asset and currency revolution.
On August 17, 2026, the Treasury issued a proposed rule related to its implementation of section 3 of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. In particular, the Treasury is seeking comments on the proposed framework for the statutory prohibitions and limitations on payment stablecoin issuance, offer, and sale in the United States.
