Compliance Action, Volume 20, Number 12
While dealing with TRID and all it entails, a review of deposit accounts and Overdraft Payment Programs (OPP) may be needed. In assessing your OPP risks, we've provided some suggested best practices along with some regulatory requirements to consider.
The CFPB has issued a final rule which forms the basis for determining coverage of escrow account requirements and certain types of mortgages.
Quick Reference: Redefining Reg Z's Small Creditor or Servicer and Rural Loans (Charts) Updated 11/12/2015
The CFPB's final rule on "Amendments Relating to Small Creditors and Rural or Underserved Areas under the Truth in Lending Act" revises Reg Z definitions of small creditor and rural area for some regulatory categories.
- Paperwork Reduction and Disclosures
- CARD Act Annual Adjustments
- ATR and QM Threshold Adjustments
- Fifth Third Hit for Card Add-Ons
- More Redlining
In the Editor's Opinion
The Harm of Deception
No one likes to be deceived – least of all consumers.
Compliance Q & A
- Executive Editor:
- Lucy H. Griffin, Esq.
- Associate Editor:
- Patti Blenden
- Board of Advisors:
- John S. Byrne, Esq.
Robert P. Chamness
Phillips G. Gay, Jr.
Robert G. Rowe, III, Esq.
Michael D. Maher