Compliance Action, Volume 18, Number 16

UDAAP Rises Again (3 Action Steps)

by Lucy Griffin

Several regulatory agencies have reached settlement agreements involving both restitution and civil money penalties with American Express for unfair and deceptive marketing practices.

Managing Vendors (5 Action Steps)

By Lucy Griffin

When it comes to fair and non-deceptive treatment of customers, a third-party vendor must be in full compliance with all applicable laws and guidance.

Action Training
Exemptions and the Conditions Attached (Chart)

By Lucy Griffin

The new Regulation Z changes things up a bit, even when it comes to figuring out what is covered and what isn't.

Compliance Notes

• CFPB Seeks Mortgage Information
• CRA Bank Sizes
• FDIC Cleans Up OTS Regs
• FDIC & the OTS CRA Regulations
• HMDA Asset Size Exemptions
• CFPB Teams with DOJ on Discrimination

Compliance Calendar

In the Editor's Opinion
Splat!

By Lucy Griffin

Being a compliance manager today feels akin to a dollop of paint thrown against the wall.

Compliance Q & A

• Posting Saturday Payments
• Referral Fees for Mortgage Loan Originators
• Bonus Compensation for Mortgage Loan Originators

Indirect Fair Lending

Fair lending programs must monitor and evaluate the actions of any party bringing the loan business to the insitution.