Compliance Action, Volume 17, Number 11

Mortgage Servicing: Changes to X and Z (3 Action Steps)

By Lucy Griffin

The CFPB has published proposed regulations to implement new RESPA and TILA requirements for mortgage servicers required by The Dodd-Frank Act.

Finance Charges: To Be One or Not (4 Action Steps)

By Lucy Griffin

What should fall under the inclusion of a finance charge is one of the hot topics in the revisions to Regulation Z.

Action Training
What Should Be a Finance Charge (Chart)

By Lucy Griffin

When calculating finance charges, the goal is to balance compliance with usefulness and accuracy for the consumer.

Compliance Notes

• Proposals and the Federal Register
• DOJ and Fair Lending
• More Help From the FDIC
• FDIC Large Print Booklet

Compliance Calendar

In the Editor's Opinion
Supervision or Enforcement

By Lucy Griffin

With the CFPB's entrance into the regulatory arena, there is a significant change in the philosophy behind rulemaking.

Compliance Q & A

• Reporting Loan Origination Fees on the HUD
• MDIA Disclosure Schedule
• Changing Terms on Default HELOC