Compliance Action, Volume 12, Number 12

HMDA Data: Who is the Fairest Lender of All? (4 Action Steps)

by Lucy Griffin

Over the past several decades, the players in the lending field have changed and there is still a lot to be done to achieve lending equality.

DOD & the New MAPR (3 Action Steps)

By Lucy Griffin

Lenders with a significant number of military customers will want to pay close attention to the final rules on consumer credit extended to servicemembers.

Making the Most of HMDA Data

By Lucy Griffin

HMDA trends over an extended period of time more clearly reveal how your institution is functioning in the market.

Compliance Notes

• BSA Fine
• Comptroller on Credit Cards
• Credit Card Complaints
• Plugging Community Banks - and Borrowers
• FinCEN Survey

Compliance Calendar

In the Editor's Opinion
CRA and Credit Unions

By Lucy Griffin

As credit unions grow into more sophisticated financial institutions, their share of the responsibilities should expand also.

Compliance Q & A

• HMDA LAR Responsibilities
• Reporting Property Taken as an Abundance of Caution
• Flood Insurance on Low-Risk Property
• Cross-Selling Small Business Accounts

Proposed Guidelines on Garnishment

By Lucy Griffin

The agencies offer joint guidance on state garnishment laws and federal laws protecting certain forms of federal payment.

FTC Warning on Predatory Mortgages

By Lucy Griffin

FTC is the watch dog over advertising practices of entities subject to its jurisdiction, guarding consumers against deceptive mortgage ads.