Sunday, April 14, 2024

Legal Briefs

August 2012 Legal Update

  • Correcting Social Security ACH errors
  • Lessons from the PATCO ruling
  • Abandoned foreclosures proceeding
  • Oh, no! My customer is in bankruptcy!
  • Q&As on OREO
  • Complaint Responses
  • FDIC Insurance Fees
  • ATM Notices
  • Biggert-Waters: Flood Insurance Reform Act
  • Servicemembers Civil Relief Act – Renewed Importance?

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July 2012 Legal Briefs

  • Family Trust
  • Property Tax Default
  • Escrow Analysis Statement
  • ACH Question
  • Garnishment
  • Free Checking Account
  • Change in Terms
  • Bank-owed Money-payments
  • HPML Question
  • Deceased Customer
  • State Tax Levy from California
  • APR Item
  • Social Media, After Hours
  • SCRA – Interest Rate
  • Gift Card ATM Fee
  • ATM ADA Compliance
  • Customer E-Banking Question
  • Regulation CC Question
  • CTRs and Banks
  • Tribes and Sovereign Nations
  • Branch Designation
  • POS Transactions Closing Accounts
  • Endorsement Verification
  • Business (Lottery) Account
  • ATMs and the ADA
  • Escheatment and Setoff of Cashier’s Checks

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June 2012 Legal Briefs

  • Supreme Court Rules in RESPA Fee Case
  • ATM Disclosures
  • UTMA Accounts and the Custodian That Just Won’t Let Go
  • Consumer Loan Dollar Amounts Adjust July 1
  • Fair Housing Poster Update
  • Agency Updates

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May 2012 Legal Briefs

  • Sole Proprietorships and General Partnerships
  • S.A.F.E. Act Guidance
  • Fair Lending
  • Common Violations in 2011
  • ’Tis the Season – For Tax Refund Fraud
  • Bureau Clarifies Reg Z Loan Officer Compensation Rule
  • Mining the OCC’s Citibank C&D for Nuggets
  • Mortgage Servicing Change is in the Wind

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April 2012 Legal Briefs

  • NOW Account Eligibility
  • Mobile Banking Survey
  • CFPB Complaints
  • FinCEN’s Notice on CDD
  • Paperless Treasury Payments
  • More Call Report Changes Coming
  • FHA Mortgage Pricing Cuts
  • SAFE Act Exam Procedures Posted
  • Extra Time to Respond to Comments
  • Checking Out Non-profits
  • CTR Guidance – Businesses with Common Ownership

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March 2012 Legal Briefs

• Overdrafts and UDAP
• MLO Compensation Issues
• FDIC Helps with Understanding Cards
• Mortgage Fraud Update
• SAR Confidentiality
• Playing with your Regulatory Numbers
• Deposit Insurance Coverage Training
• Payment Processor Relationships
 

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February 2012 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 a selection of questions and answers from the compliance team that cover a broad spectrum of problem areas.

• FAQs

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January 2012 Legal Briefs

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

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December 2011 Legal Briefs

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

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November 2011 Legal Briefs

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
         

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October 2011 Legal Briefs

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
 

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September 2011 Legal Update

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

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August 2011 Legal Briefs

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

 

Read More »

July 2011 Legal Update

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

 

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June 2011 Legal Briefs

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

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