FDIC guidance lists three requirements to ensure compliance with spousal signature rules include all of the following EXCEPT:
A.
Review and revise policies Eliminate policies or procedures that are inconsistent with the requirements Expand loan policies and procedures to provide loan staff with specific guidance on state law(s) regarding requiring signatures Cover the laws of all states where the creditor institution does business Create checklists to address situations when spousal signatures can be required
B.
Provide training to consumer and commercial loan staff
C.
Implement monitoring and auditing programs to check for spousal signature violations
D.
Must allow an applicant to designate a birth-given first name and a birth-given, surname, spouse's surname, or combination
This statement does not directly relate to the requirements outlined in the FDIC guidance for ensuring compliance with spousal signature rules. The other options are all part of the recommended requirements to ensure compliance.
upvoted 1 times
...
Log in to ExamTopics
Sign in:
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.
Upvoting a comment with a selected answer will also increase the vote count towards that answer by one.
So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
Cam22
4 months ago