Wednesday, July 24, 2024

Legal Briefs

July 2016 Legal Briefs

  • Bureau to implement GLBA privacy notice relief
  • Everyone’s tweaking their CMPs
  • Using enforcement actions
  • "Loans” to counties, schools, and municipalities

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June 2016 Legal Briefs

  • Is it a refi?
  • U3C: No change in late fee, dollar amounts
  • Operational Odds and Ends
  • Updated plans from the Bureau
  • Sudden Overtime Changes

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May 2016 Legal Briefs

  • Campaign committees, PACS & political party accounts
  • Confidentiality and TRID Closing Disclosures
  • More “Gotcha Fun”
    • Partnership agreements
    • Keeping a copy of a Will

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April 2016 Legal Briefs

  • Landscape for Balloon QMs has changed
  • Corporations and LLCs – Part II
  • SCRA amendment enacted
  • Title 50 gets an “app-endectomy”
  • Guarantors not “applicants” under ECOA

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February 2016 Legal Briefs

  • ‘Tis the (tax refund) season
  • Garnishment gotchas
  • Old POD designations
  • MLA – Clarity
  • You have questions, we have answers
    • Requests for customer infomration from other states
    • Purchase money mortgage, spouse not on deed
    • Safe deposit boxes
    • Trust as POD
    • Banning guns on premises

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January 2016 Legal Briefs

  • Privacy Notice Changes
  • Gotchas!
    • Settlement Fee May Be a Finance Charge
    • Limits on Releasing Funds of Decedent under Section 906 of the SBC
    • Effect of Divorce or Annulment on POD Accounts
    • Reg O Executive Officer Loan Limits
    • Pulling Credit Reports on Individuals
    • Releasing Customer Records with Authorization
    • Limits on Refinancing Certain Balloon Loans
    • Loans to Non-U.S. Citizens
    • When You Haven’t Got Everyone on the Same Page
    • The TRID Rule’s “Alternate Tables”
    • Reg DD Balance Disclosure Rule, ODP Access
    • Pre-deceasing POD Beneficiaries

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June 2015 Legal Briefs

  • Good news on UTMA accounts
  • Article 9 tweaks (finally!)
  • FCRA lawsuits
  • Expiry date passed on your flood notice
  • SCRA – What have we learned recently?
  • No changes in U3C late fees, dollar amounts
  • U3C Sec. 3-508A amended

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