• 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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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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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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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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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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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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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

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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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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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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

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By Mary Beth Guard

• Appraisals: What’s Changed

By John S. Burnett

• New Federal Reg to Protect Direct Deposit Benefits Recipients
• Fed Publishes Final HPML Escrow Rules
• Fed Announces Another Reg Z Proposal
• Proposed Reg CC Overhaul Would Mean Shorter Holds, Less Paper
• Credit Card Rules "Clarification" Published

By Pauli Loeffler

• The Times They are a-Changin’: How to Deal with Garnishments in Oklahoma after May 1, 2011

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By Mary Beth Guard

• Privacy Notices
• Compensating Loan Officers
• Anti-Steering Rules
• New Appraisal Rules

By John S. Burnett

• Coping with the FDIC’s Overdraft Guidance

By Andy Zavoina

• SCRA

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By Mary Beth Guard

• SAFE Act Registry Opens
• SCRA Becomes a Front Burner Issue
• New Payment Schedule Disclosures
• Poof! Proposed Rules Are Gone!
• Compliance Roundtable Meeting
• Signs, Signs, Update Your Signs

• The Latest in Deposit Insurance
• Standard Maximum Insurance Amount
• TAG—Oct. 14, 2008–Dec. 31, 2010—R.I.P.
• Temporary Unlimited Insurance — Dodd-Frank Act § 343
• The Last Word (For Now)

• Revisiting Regulation V: Risk-based Pricing
• Bankruptcy Practice Pointer: The Co-Debtor Stay
• Question of the Month (and then some): Revocable Trusts

• Lending Reg BOOT CAMP: HMDA

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Federal S.A.F.E. Act Registry Will (Probably) Be Up By January 31, 2011

Banks May Not Accept Tax Deposit Coupons after December 31, 2010

FDIC Insurance Coverage Changes Effective January 1, 2011

Regulators Increase HMDA, CRA Thresholds Effective January 1, 2011

New Reg Z Interim Final Rule Regarding Appraisal Independence Places Major New Burdens on Banks

MDIA Interim Rule effective January 30, 2011 Changed Again

Compliance Dates Roundup

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OBA’s Legal Department Introduces New Frequently Asked Questions Feature!

Compliance Dates Roundup

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