Bankers Compliance Group | The Banking Community's Foremost Resource For Legal Services | BCG
HOME   |   CONTACT   |   LOGIN   |   REGISTER
 
 
credit information work space business lecture loan application business colleagues clapping
Today is: August 18, 2018  
 

BCG Monthly Newsletter Archive

BCG members can view a Newsletter below by selecting the download button.
 

BCG Monthly Newsletter Archive 2013

 

Newsletter Highlights

 

January 2013
  • Breaking News: Correction to Biggert-Waters Flood Act Would Limit Escrowing of Flood Premiums to Residential Property Only
  • CFPB Issues Regulatory Agenda
  • Developments in Fair Lending
  • President Signs Measure to Preserve Privilege of Information Shared with CFPB
  • NMLS Posts Process for MLO Renewal Reactivation
  • CFPB Releases Student Loan Exam Procedures
  • CFPB Report on Credit Bureaus Reveals Certain Insights
  • FDIC Issues Final Rule Regarding CMPs
  • FTC Issues Identity Theft Red Flags Interim Final Rule
  • CFPB Surveying the Impact of the Card Act
  • Correction to the December 2012 BCG Newsletter
  • CFPB Proposes Clarifications to Remittance Transfer Rule
  • SEC Issues No-action Letter for Broker-dealer Reg E Remittance Transfers
  • Mobile Applications, Mobile Payments and Privacy Laws
  • FTC Amends Children's Online Privacy Rule
  • OCC Issues Guidance Regarding Transition Periods for Swap Dealer Institutions Engaged in Non-conforming Swap Activities
  • FRB Proposes Rule on Oversight of Foreign Banks Operating in the U.S.
  • SEC Issues Investor Bulletin to Help Investors Assess Municipal Bond Credit Risk
  • SEC Adopts Rule Requiring Search for Holders of Securities
  • CRA Small Bank Definition Asset Threshold Increased
  • Asset Size Exemption Threshold for Collecting HMDA Data Increased to $42 Million
 
 

 

 

February 2013
  • CFPB Pumps out Final Mortgage Loan Rules
  • FFIEC Proposes Social Media Risk Management Guidance
  • Pulling Credit Report for 1099 Address Verification Purpose
  • DFI Posts Bank Designated Central Locations for Legal Process
  • CFPB “Officially” Delays Effective Date of Remittance Transfer Rules
  • IRS Proposes Truncating Taxpayer IDs on Information Returns
  • FRB Provides Additional Guidance on Internal Audit Function Policy Statement
  • OCC and DFI Extend Temporary Exception for Including Derivatives in Lending Limits
  • OCC Issues Guidance Regarding Transition Periods for Swap Dealer Institutions Engaged in Non-conforming Swap Activities
  • California Supreme Court Decision Makes It Easier for Borrowers to Challenge Loan Terms
  • Small Credit Union Asset Threshold Increased
  • Resource Help for Small Credit Unions
 
 

 

 

March 2013
  • CFPB Advises Mortgage Servicers of Servicing Transfer Obligations
  • CFPB May Throw a Lifeline to Assist in Implementing New Mortgage Rules
  • Court Affirms No Civil Liability For Violations of FCRA Section
  • 623(a)
  • HUD Issues Fair Housing Disparate Impact Final Rule
  • HUD Steps Up Enforcement of FHA
  • DOJ Settles Redlining Fair Lending Claim
  • California Appeals Court Permits Borrowers’ Claims Against Lender under the Holder in Due Course Rule
  • FTC and CA Attorney General Publish Reports on Mobile Privacy
  • FDIC Proposes to Clarify Deposit Insurance Coverage of Insured Bank Branches Located Outside U.S.
  • P.O.D. and Totten Trust Accounts
  • FRB Extends Comment Period on Proposed Foreign Bank Oversight Rule
  • Three New Online Services Offered on FDICconnect
  • Bank of America Settles Overtime Pay Suit for $12 Million
  • JPMorgan Chase Avoids Overtime Pay Lawsuit
  • FDIC Revises Exception for Hiring Minor Criminal Offenders
  • NCUA Outlines Exam Focus for 2013
 
 

 

 

April 2013
  • Agencies Issue Guidance on Biggert-Waters Flood Act
  • Revisions to Reg Z Credit Card Upfront Fee Rule Finalized
  • CFPB Bulletin Puts Indirect Auto Lenders on Notice
  • CFPB Publishes Preliminary List of Rural and Underserved Counties
  • CFPB Proposes to Oversee Nonbank Student Loan Servicers
  • Hawaii Supreme Court Rules Homeowners Cannot Invoke TILA’s Right to Rescission After Final Foreclosure
  • Reg B Appraisal Notice
  • Increase in California’s Automatic Exemption From Garnishment For Direct Deposits of Social Security and Other Benefit Payments
  • Revisions to Reg E Eliminate ATM Fee Placard Notice Requirement
  • FinCEN Issues Guidance on Virtual Currencies
  • FRB Updates FAQs on Debit Card Interchange Fees
  • MSRB Proposes Amendments to Its Telemarketing Rules
  • New FMLA Poster Now In Effect
  • Health Care Law Whistleblower Provisions Go Into Effect
  • Proposed CRA Q&As Aimed at Clarifying Community Development
  • Revised OMB MSA Delineations Released
  • NCUA Proposes to Clarify and Improve FCU Ownership of Fixed Assets Rule
 
 

 

 

May 2013
  • FRB Proposes Assessment on Holding Companies
  • CFPB Issues CMP Fund Final Rule
  • Reminder: June 1, 2013 Starts Ban on Arbitration Clauses in Mortgage Loan Contracts
  • Proposed Amendments to Mortgage Servicing Rules
  • Bureau Proposes Fix for Coverage Gap in HPML Final Escrow Rule
  • Banks Pay Heavy for Alleged UDAP Violations
  • Four Mortgage Insurers to Pay Penalties for Alleged Kickbacks to Mortgage Lenders
  • FRB Issues Residential Mortgage Servicing Guidance
  • Fourth Circuit Upholds Class Action Waiver Provision
  • Correction to April BCG Newsletter
  • Revised Reg B Appraisal Disclosure - Is It Applicable to Business-purpose Loans?
  • Reg E Remittance Transfer Rule Finalized
  • October 8 Release Date for Redesigned $100 Bill
  • Wrongful Dishonor Nightmare for BofA on its Own Credit Card Refund Check
  • FTC Updates COPPA FAQs
  • FDIC Expects to Return $5.7 Billion in Excess Prepaid Assessments
  • FRB Issues Expansion Criteria for Banks in Less Than Satisfactory Condition
  • FTC Updates Online Advertising Guidance
  • FRB Issues Final Retail Forex Rule (Regulation NN)
  • CFTC Announces Swaps Reporting Relief for Smaller Financial Institutions
  • CFTC Exempts Certain Swaps from Clearing Requirements
  • SEC Approves Use of Social Media for Company Announcements
  • Proposed Measure Would Exempt Banks from Municipal Advisor Registration Requirements
  • SEC Reopens Comment Period for its Outstanding Proposed Rules on SB Swaps
  • HMDA Guide Updated
 
 

 

 

June 2013
  • Supreme Court May Soon Review NLRB Recess Appointments
  • OCC Implements Process to Update Comptroller’s Handbooks
  • CFPB Finalizes ATR Proposal
  • CFPB Makes Clarifying Amendments to HPML Escrow Rules
  • Bank’s Mortgage Lending Policy Found to Discriminate Against White Males
  • Bureau Delays Reg Z Prohibition on Financing Credit Insurance Premiums
  • Guidance Proposed on Deposit Advance Credit Products
  • Bureau Offers Training Videos on Mortgage-related Final Rules
  • Treasury Finalizes Interim Rule on Levies and Federal Benefit Payment Exemptions
  • Court Reinstates $203 Million Judgment Against Wells Fargo in Processing Order Case
  • CTR and SAR Electronic Filing Guidance Issued
  • Clean, Patch and Monitor – Key Actions for Mitigating Risk of DDoS Attacks
  • SEC Approves MSRB Telemarketing Rule Amendments
  • Fed Reminds Institutions of Annual Audit Report Requirements
  • Lender’s Duty of Care Could be Expanded
  • Circuit Court Vacates NLRB Organizing-rights Posting Requirement
  • Proposed Rule Would Permit Limited Derivative Activities
  • DFI Cautions Credit Unions Regarding Membership Ad Campaigns
  • FRB Clarifies Use of 2010 Census Data in Fair Lending Exams
  • Reporting Property Type under HMDA
  • Updated HMDA Guide – Reporting Denials
 
 

 

 

July 2013
  • Proposal Would Amend Certain Mortgage Loan Related Rules
  • Late Charge Restrictions Under Mortgage Broker Law May Now Apply to State-chartered Banks
  • CFPB Outlines Factors Considered in Enforcement Action
  • FRB Issues SR Letter on Communicating Supervisory Findings
  • FRB Adopts Revised Reg Z Exam Procedures
  • Wells Fargo Enters Agreement with HUD on REO Sales
  • CFPB Issues Initial Results of Overdraft Program Inquiry
  • July 1 Marks Start Date of Reorganization of DFI and DOC
  • New ACH Security Requirements
  • FinCEN Updates Advisory on North Korea Illicit Financial Activities Threat
  • OCC Finalizes Lending Limit Rule; Extends Temporary Exception for Including Derivatives Exposure
  • OCC Revises Agency Decision Appeals Process
  • OCC Reminds Banks of Mandatory Swap-clearing Requirements
  • NCUA Adopts Final Loan Participations Rule
  • Annual Update Made to List of Distressed and Underserved Geographies
  • DFI Updates Bank on California Website; Reaches Out for More Bank Participation
  • Host State Loan-to-Deposit Ratios Updated
 
 

 

 

August 2013
  • CFPB Finalizes Amendments to 2013 Mortgage Rules Under Reg X and Reg Z
  • Purchase-money Anti-deficiency Protection Expanded to Include Short Sales
  • Proposed HPML Exemptions from Appraisal Requirements
  • Another Circuit Court Rules TILA Rescission Suits Required Within Three-year Period
  • CFPB Issues Consent Order Against U.S. Bank and Dealer Financial Services
  • CFPB Alleges Mortgage Company Paid its Lenders for Steering Consumers
  • New Measure Curbs Certain Actions of Debt Buyers
  • CFPB Puts Debt Collectors on Alert
  • California Fair Lending Notice and Lobby Poster
  • Decreasing LO Compensation for “Unforeseen” Events Under New Rule
  • Help Aid Offered to Educate Law Enforcement of Garnishment Exemption for Federal Benefits Payments
  • FinCEN Clarifies CTR Rules for Armored Car Service Transactions
  • IRS Delays FATCA Requirements
  • Proposed Changes to Telemarketing Sales Rule; Comment Period Extended
  • U.S. Banking Agencies Approve Basel III Capital Standards
  • Use of New UCC-1 Financing Statement
  • Circuit Court Vacates DOL Mortgage Loan Officer Ruling
  • Data Entry Software and Geocoding Systems Updated
 
 

 

 

September 2013
  • Small Servicer Exemption and Contract Collections
  • CFPB Alerts Furnishers of Duty to Investigate Consumer Credit Disputes
  • Mortgage Exam Procedures Updated
  • HUD Charges Bank of Violating FHA
  • CFPB Provides Insight on Mortgage Servicing Problems
  • Compliance Areas of Focus
  • California High-cost Loan Notice; HUD Counseling Contact Information
  • Qualification Screening of Existing Loan Originator Employees
  • U.S. District Court Rejects the FRB's Interchange Rule; FRB Appeals
  • DDoS Attacks Expected to Hit Financial Institutions
  • CFPB Remittance Transfer Rule Guide Updated
  • Agencies Issue Revisions to Proposed Risk Retention Rules
  • CA Legislature Expands Anti-deficiency Protections
  • OCC CRE Lending Booklet Updated
  • DOL Extends FMLA to Same-sex Couples
  • 2012 CRA Small Business, Small Farm and CD Data Released
 
 
October 2013
  • Final Revisions Adopted to Certain Mortgage Loan Related Rules
  • JPMorgan Chase Ordered to Reimburse Consumers for Unfair Billing Practices
  • Examination Guidance Issued for Payday Loans to Military Personnel
  • HUD Proposes QM Definition
  • Eminent Domain Challenge Dismissed
  • Coogan Trust Accounts and Blocked Accounts Addressed in the SCO’s New Holder Handbook
  • GLBA Does Not Prohibit Reporting Elder Abuse
  • FDIC Clarifies Policy on Payment Processing Services for Merchant Customers
  • FDIC Adopts Final Rule on Deposit Insurance Coverage for Insured Banks Located Outside U.S.
  • Governor Signs Corporate Emergency Powers and Bylaws Measure
  • Banks Given Limited Exemption Under SEC New Municipal Advisor Registration Final Rule
  • OCC Issues New OREO Handbook
  • Mechanics Liens
  • Employers Warned Against Exclusive Use of Payroll Cards
  • Proposal Would Permit Funding of Charitable Donation Accounts
  • 2012 HMDA Data Released
  • CFPB HMDA Tool Opens Way for More Public Scrutiny
 
 

 

 

November 2013
  • Agencies Propose Biggert-Waters Flood Reform Rules
  • Bureau Issues More Clarifications to Mortgage Servicing Rules
  • Guidance Issued on QMs and Fair Lending Risks
  • HPML Appraisal Proposal Expected to be Finalized December 2013
  • OCC Issues Third-party Risk Management Guidance
  • New Website Disclosure Requirements Under California Law
  • CFPB Adopts Remittance Transfer Exam Procedures
  • FDIC Reminds Institutions of D&O Liability Limitations
  • OCC Issues Updated Guidance on Accounting Topics
  • Fed Proposes Strict Bank Liquidity Rules
  • FDIC Reminds Institutions of the Need For Interest Rate Risk Oversight
  • Classification and Appraisal of Bank-held Securities Revised
  • Interagency Guidance on Troubled Debt Restructurings
  • New Diversity Standards For Institutions Proposed
  • NCUA Revises Examination Report and Process
  • CFPB Gets Tough on HMDA
 
 
December 2013
  • FDIC Proposes Restrictions on Sales of Assets of Covered Financial Companies
  • Final TILA/RESPA Integrated Mortgage Disclosures Rule Issued
  • Bureau Unveils Homeownership Counseling Search Tool
  • Revisions Made to Reg Z Dollar Threshold Exemption
  • Correction to Comments Made at November BCG Seminar Regarding Flood Insurance
  • Recent FEMA Developments Related to NFIP
  • FRB Revises Consumer Compliance and CRA Exam Frequency Policy
  • CFPB Pursues Action Regarding Illegal Kickbacks
  • Mortgage Company Charged for Alleged Steering
  • Fair Housing Case Settled Before Supreme Court Hearing
  • Debt Collection Advance Notice of Proposed Rulemaking
  • California Court Allows Homeowners to Challenge Deed of Trust Assignments
  • OCC Rescinds Certain OTS Compliance Documents
  • Agencies Issue Exam Procedures for Garnishment of Accounts Containing Federal Benefits
  • Guidance Issued Regarding Deposit Advance Products
  • Amendments Made to NACHA Rules
  • Rulings Clarify Definition of MSB
  • FRB Proposes Changes to Payment System Risk Policy; Issues Proposal to Amend Regulation J
  • Regulatory Capital Estimation Tool Released
  • NCUA Revises CUSO Regulations to Enhance Transparency
  • Revisions to CRA Q&As Clarify Certain Community Development Activity
  • CRA Data Collection Guide Updated
 
 
 
 
 
 
| Home | Contact | Sitemap |
Copyright © 2018 Aldrich & Bonnefin, PLC - All Rights Reserved