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August 5, 2015
HMDA – Beyond the Input
Patricia Cashman

August 11, 2015
ABCs of HSAs
Whitney Johnson

August 12, 2015
Part I: Flood Insurance - Everything You Need To Know (including June 2015 Rules)
David Dickinson and Jerod Moyer

August 13, 2015
Currency Transaction Report (CTR): Line-By-Line for Tellers
Deborah Crawford

August 18, 2015
Disaster Recovery Revisited: 5 Things You May Not Have Considered (for a while)
David Reed

August 20, 2015
Automated Monitoring Systems: Implementation to Validation
Brian Crow

August 25, 2015
MasterCard & Reg E Error Resolution
Brian Crow



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#1299700 - 12/07/09 08:08 AM CHARM Booklet
Mainiac Offline
100 Club

Registered: 11/25/05
Posts: 147
What is the currtent version of the CHARM Booklet we are supposed to be using? It appears there is an August 2009 version on the FRB website, but I don't remember any communication that we had to use this version as of some date.

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Lending Compliance
#1301157 - 12/08/09 03:04 PM Re: CHARM Booklet [Re: Mainiac]
2old2care Offline
Platinum Poster

Registered: 10/16/06
Posts: 629
Loc: PA
I contacted the FRB regarding the CHARM Booklet.


Publications Fulfillment has been advised of only one brochure needing to be updated by January 2010. That brochure is the settlements costs brochure, which must include new RESPA guidelines/information by January 1, 2010.

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#1301311 - 12/08/09 04:40 PM Re: CHARM Booklet [Re: 2old2care]
Mainiac Offline
100 Club

Registered: 11/25/05
Posts: 147
Thanks

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#1302143 - 12/09/09 04:12 PM Re: CHARM Booklet [Re: Mainiac]
biz Offline
Diamond Poster

Registered: 11/07/05
Posts: 1020
Loc: Midwest
I must be a doofus-but/so is the August 2009 booklet the one we should be using, as ours is dated in 2006? Or are we ok in using the 2006 supply?

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#1302179 - 12/09/09 04:35 PM Re: CHARM Booklet [Re: biz]
Reads Regs Offline
Diamond Poster

Registered: 11/15/04
Posts: 2107
The FRB never issued a press release indicating that they made this 8/2009 update to the CHARM booklet. In the past, when substantive changes were made to the booklet they would issue a press release announcing the new version of the booklet and they would tell you that you could exhaust your existing supply and then order the new booklet.

Keep in mind that the 8/26/09 Reg. Z proposed rule for closed-end credit is proposing to eliminate the CHARM booklet altogether and replace it with a one page disclosure that discusses fixed versus variable rate loans. If you have enough of your 2006 booklets, I would continue to use them.
_________________________
Opinions expressed are my own and not necessarily those of my employer. They are not legal advice.

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#1302199 - 12/09/09 04:47 PM Re: CHARM Booklet [Re: Reads Regs]
Gotwood Offline
Platinum Poster

Registered: 05/22/01
Posts: 698
the august 9, 2009 date is the date the website was updated, there is no reference to the charm book changing.

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