America is the land of opportunity. Our history is replete with examples of individuals who identified a service or product opportunity, filled it, and became a success.
The Federal Reserve Board has proposed revisions to Regulation Z to implement the changes made to the Truth in Lending Act last fall.
If you ask someone in the financial services industry to list the regulatory agencies that affect them, it is likely that the list wouldn't include the Office of Foreign Asset Control ("OFAC").
Much has been said in the press recently - at least in the press that covers (and recovers) the goings on in Washington, D.C.
A common violation of Truth in Lending - failure to include PMI in the finance charge and APR calculations - results in mandatory restitution.