Compliance Action, Volume 21, Number 8

Fair Lending: A Blast From the Past (3 Action Steps)

By Lucy Griffin

Just when we think intentional discrimination in enforcement is a thing of the past, the CFPB's latest fair lending enforcement action shows that intentional discrimination is still with us.

Overdraft Practices: UDAP Strikes Santander Bank
(4 Action Steps)

By Lucy Griffin

Nothing serves as a reminder to monitor and manage third-party vendors better than the case of a $10 million fine imposed on a bank for illegal overdraft services for debit card transactions.

Key Points of Reg Z HPML and HOEPA/HCML Loan Regulations (Chart)

By Patti Blenden

There are so many special categories and provisions today in the Reg Z HPML and HOEPA/HCML Loan Regulations. Our quick reference chart will help you remain in compliance with the major provisions in these two important regulations.

Compliance Notes

• CFPB's Supervisory Highlights
• CRA Q&As
• OCC Renewal of Information on Reverse Mortgages
• OCC Report on Bank Risks
• Annual Privacy Notices
• Five Years of CFPB

Compliance Calendar

In the Editor's Opinion
What Drives Predatory Lending?

By Lucy Griffin

Predatory lending has taken its toll on banks. How and why – and how to prevent more damage to the industry – requires an understanding of what drives predatory lenders.

Compliance Q & A

• Disclosure of Mortgage Assignment Fee
• Community Service vs. Community Development Service
• Pricing Variances on Consumer Loans