Compliance Action, Volume 16, Number 10

Understanding Credit Scoring: What Is It Really? (7 Action Steps)

By Lucy Griffin

For creditors and other professionals who must make rapid, targeted decisions, credit scores are extremely useful.

Notices and Credit Scores: How Many Reasons and When? (Chart)

By Lucy Griffin

Training is going to be essential in helping lenders sort out the new credit score disclosure requirements.

Compliance Notes

• BFCP Publishes Administrative Rules
• BFCP or CFPB
• BSA Enforcement Hits Royal Bank of Scotland
• OCC, UDAP, and Chase
• CFPB's Supervision Approach

Compliance Calendar

In the Editor's Opinion
The Best Way to Protect Consumers

By Lucy Griffin

Protecting consumers from harm is best achieved through regulation and supervision.

Compliance Q & A

• Advertisements at the Teller Line
• Disclosing Homeowners Insurance Premiums
• HELOC Maturity Extension Notice

FDCPA: Collecting Decedent's Debts

FTC has issued guidance on the how the Fair Debt Collection Practices Act applies to the collection of debts from decedent's estates.