Most Popular Compliance Content
Truth In Lending: Debt Cancellation Fees & Gap
10/01/1996
The final rule provides clear guidance on the treatment of debt cancellation fees, GAP, and similar items that function as alternatives to credit insurance or credit life insurance.
What is the Consumer Advisory Council?
10/01/1996
Buried in the Equal Credit Opportunity title of the Consumer Credit Protection Act, sits a provision which requires the Federal Reserve Board to establish a Consumer Advisory Council ("CAC") to adv
Question & Answer
10/01/1996
Question: One bank in our holding company takes and processes mortgage loan applications but the loans are funded by another bank in the holding company The loans are closed by an outside se
Extra Odd Days
10/01/1996
Another protection in the new regulatory provisions deals with odd days, unanticipated odd days, to be exact.
Considering Age in Reverse Mortgage Programs
10/01/1996
Reverse mortgage programs are specifically designed to provide a credit program for elderly borrowers and to meet a type of credit need specific to such customers.