Thursday, December 12, 2024

Legal Briefs

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

 

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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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May 2011 Legal Briefs

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

 

Read More »

April 2011 Legal Update

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

Read More »

March 2011 Legal Update

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

Read More »

February 2011 Legal Update

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
By John Burnett
  • 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)
 By Pauli Loeffler
  • Revisiting Regulation V: Risk-based Pricing
  • Bankruptcy Practice Pointer: The Co-Debtor Stay
  • Question of the Month (and then some): Revocable Trusts
By Andy Zavoina, CRCM
  • Lending Reg BOOT CAMP: HMDA

Read More »

January 2011 Legal Briefs

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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December 2010 Legal Update

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

Recent Case Sanctions Fraud Loss Shifting Provision in Commercial Deposit Account Agreements

Compliance Dates Roundup

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November 2010 Legal Update

New CRA Regulation Effective 11/3/2010

Model Privacy Notices Safe-Harbor Under Reg P Will Change Effective 1/1/2011

New Final Rule Amends Reg Z, Prohibiting Certain Loan Originator Compensation and Steering Practices. Compliance Mandatory 4/1/2011

Federal Reserve Board Rule Reflects Delay in Gift Card Disclosure Requirements to 1/31/2011

Federal Reserve Board Announces Annual Indexing of Reserve Requirement Exemption Amount and Low Reserve Tranche for 2011

FDIC Issues New Guidance on Golden Parachute Applications

Compliance Dates Roundup

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