Compliance Action, Volume 15, Number 5

Loan Workouts: Special Compliance Issues (3 Action Steps)

By Lucy Griffin

When helping troubled borrowers with loan modifications lenders need to be aware of the risks.

Overdraft Protection: More UDAP Rules (3 Action Steps)

By Lucy Griffin

Mortgage and credit card issues have been getting a lot of attention, but consumer harm from overdraft program practices is still in the forefront for regulators.

Action Training
Compliance Issues for Loan Modifications, Renewals, and Rewrites (Chart)

By Lucy Griffin

Any period of economic or market change can generate compliance issues, but current developments in the mortgage market have made compliance issues a high priority.

Compliance Notes

• UDAP Enforcement Action
• Help for Consumers on Gift Cards
• Updated EDIE
• TAG Extended
• Small Accounts Future Growth
• ODP Civil Money Penalty
• New Internet Fraud Technique

Compliance Calendar

In the Editor's Opinion
The Asset Called Trust

By Lucy Griffin

In the financial world, trust is not only an asset - it is essential.

Compliance Q & A

• Credit Insurance Disclosure
• Credit Insurance Signatures
• Change in Terms Notice Requirement
• Form 9 Endorsement Fee
• Disclosure of Third-Party Fees for HELOCs
• Notice for Incompleteness

Predatory Players in the Mortgage Market Are Still Playing

In spite of changes to laws and regulations designed to protect consumers, those who operate without a great deal of concern for the law are still out there.