Legal Briefs

• The Bureau of Consumer Financial Protection has a Director and the republishing of rules has begun. At the present time, the only major "new" language is in the CFPB’s new Reg E amendments on foreign remittances transfers. Since those don’t take effect until 2013, we will write about them in a future issue. For now, we want to share …

By Andy Zavoina Compliance To-Dos for the New Year By Pauli D. Loeffler Corporations and LLCs By John S. Burnett Reg Q – Gone, but Not Forgotten

By Mary Beth Guard FDIC Talks Internet Banking HMDA LAR Update SAFE Act Renewals Payment Order The BCFP “Gets It” The Big “Why” – Part 3  EFTA Q&As

By Mary Beth Guard  Updated flood guidance OCC Reg E booklet revised Farewell to paper savings bonds Enforcement actions Examiners Can Be Too Soft The Big “Why” – Part 2  EFTA      

By Mary Beth Guard State Statutory Changes • Small Estate Cash Release • Protection and Preservation of Property During Foreclosure • Time limit for customer to sue on indorsement problem • Minor garnishment changes The Big Why • SCRA • EFAA • BSA • ECOA • HMDA  

By Mary Beth Guard 1. Business Continuity Planning 2. Examination Buzz Financial Statements HMDA Flood Insurance FDIC Signage OFAC Debt Collection SCRA Fair Lending Strange Transactions 3. CFPB Action 4. Watch Your Mortgage-Related Fees 5. Major Anti-Steering Case 6. Foreclosure Policies and Procedures 7. Q&As on Recent Changes to Regs B and V

By Mary Beth Guard CFPB Powers Up SAFE Registration Deadline Passes Check Your Email Signature Line Change Your AAN Address Updated Authentication Guidance Issued Risk Management on Prepaid Cards Debit Card Interchange Fees RESPA Reg Clarified Reg B/FCRA Notice Change Changes to the Risk-Based Pricing Notice  

By Mary Beth Guard: THE CALM BEFORE THE STORM By Pauli D. Loeffler REVISED OKLAHOMA GARNISHMENT FORMS GARNISHMENT QUESTION OF THE MONTH – BANKRUPTCY By John S. Burnett OCC “DROPS THE OTHER SHOE” ON OVERDRAFTS OCC’S PROPOSED GUIDANCE ON “DEPOSIT ADVANCE” By Andy Zavoina REG Z AMENDED – DON’T BLOW THIS OFF MORTGAGE DELINQUENCY NOTICE UPDATE MID-YEAR CHECKUP  

By John S. Burnett Federal Garmishment Regulation Update By Andy Zavoina Exam Procedure Changes:  SCRA and Tenants in Foreclosure Act By Pauli Loeffler You asked for it…Combined GFE/TIL Reg Z Exemption Amount Increased/Reg Z and Oklahoma’s Uniform Consumer Credit Code("U3C") Coverage Compared Consumer Loan Dollar Amounts Adjust on July 1

By John S. Burnett The Interagency Appraisal and Evaluation Guidelines FDIC Posts OD Guidance FAQ Fed and FDIC Propose to Pull Interest on Deposits Regs By Pauli Loeffler SHELTER FROM THE STORM – Garnishments, Part Two By Andy Zavoina Good News and Bad News about a New LAR is in Your Future New FDIC CRC Address Good 1099 News