Compliance Action, Volume 15, Number 2

The High Price of Lending to Students: A Midterm Review (5 Action Steps)

By Lucy Griffin

While mortgages and credit cards have been in the forefront of Reg Z changes, significant changes to education loans and credit issued to young borrowers have also been implemented.

FACT Act: Enter Risk-Based Pricing Notices, Stage Left (3 Action Steps)

By Lucy Griffin

The long, arduous task of finalizing regulations on the FACT Act’s risk-based pricing notices has finally been accomplished.

Action Training
The GFE and Changed Circumstances (Chart)

By Lucy Griffin

It is your choice to issue a new GFE and to know when a changed GFE is permissable or not.

Compliance Notes

• Consumer Financial Protection Agency?
• Electronic Payment Studies
• The Progress of ARMs
• Website for Directors
• More on Young Borrowers

Compliance Calendar

In the Editor's Opinion
Taking Responsibility

By Lucy Griffin

While most people will quickly take credit when things are good, few are left standing to take responsibility when things go bad.

Compliance Q & A

• Discounted Interest Rate Loan Disclosures
• Credit Denial Disclosures
• Documenting Acceptance of GFE
• Incomplete Broker GFE