Compliance Action, Volume 16, Number 14

There Go the Regulations: The Bureau is on the March (5 Action Steps)

By Lucy Griffin

The Bureau of Consumer Financial Protection has announced its intention to overhaul all of its "inherited regulations."

Action Training
When Writing a Comment Letter

By Lucy Griffin

Now, more than ever, your input and ideas on changing regulations is important and your comments can make a difference.

Compliance Notes

• HUD and Federal Housing Finance Agency
• OCC Outlines OTS Integration Process
• FinCEN Fines MSB
• Credit Card Model Form
• FinCEN Seeks Nominations for BSA Advisory Group

Compliance Calendar

In the Editor's Opinion
Contract or Disclosure: You Choose

By Lucy Griffin

What it describes as an "agreement," the BCFP has published a model mortgage disclosure form. Whether the form is classified as a contract or a disclosure is up for interpretation.

Compliance Q & A

• Redisclosure of GFE for Lock Extension
• GMI Prequalification Requests
• Mortgage Credit Disclosures