Saturday, April 1, 2023

September 2007

August 2007

  • August 1, 2007

    August 2007 Legal Briefs

    Background on Subprime Mortgages Interagency Guidance on Subprime Mortgages Statement’s Coverage What is “Subprime”? Substantial Risk Factors Balloon Payments? Consumer Protection Principles Underwriting Standards Control Systems 

July 2007

  • July 1, 2007

    July 2007 Legal Briefs

    Consumer Loan Dollar Amounts Adjust on July 1 Changes to Identity Theft Provisions All ATV’s Transferred After June 30, 2008 Require Titles & Liens How to Re-title a Mobile Home Merged Into the Real Estate Commissioner’s Bill Includes Several Miscellaneous Changes

June 2007

  • June 1, 2007

    June 2007 Legal Briefs

    Changes to Oklahoma’s Vulnerable Adult Abuse Reporting Provisions Financial Neglect; Exploitation Specific Duty to Report Avoiding Singling out Banks  Expanded DHS Powers Illegal Immigration: How H.B. 1804 Affects Banks, Other Businesses Citizenship/Immigrant Verification Independent Contractor Verification “Harboring” Illegal Immigrants Restriction on Issuing ID’s Other Provisions Economic Costs

May 2007

  • May 1, 2007

    May 2007 Legal Briefs

    New Oklahoma Regulations Covering Money Transmitters Returning Checks for “Breach of Presentment Warranty”

April 2007

  • April 1, 2007

    April 2007 Legal Briefs

    Stale-Dated Checks: Should the Bank Pay Them or Not? What the Statute Says Bulk Filing Regulation CC Exception Hold Whether to Pay or Not? Some Possible Approaches When is an Old Check No Longer Good? Reasons for Returning Checks within the Midnight Deadline The Bulk Filing Issue Having a Valid Reason for Return Reasons Limited to the Midnight Deadline “Refer …

March 2007

  • March 1, 2007

    March 2007 Legal Briefs

    Stop Payment Orders on Checks – Questions and Answers No Means of Stopping Payment on Cashier’s Checks Examples: When a bank would like to avoid paying a cashier’s check Is a customer’s “defense” against the payee a reason for not paying a cashier’s check? When does a bank have its own defense to paying a cashier’s check

February 2007

January 2007

  • January 1, 2007

    January 2007 Legal Briefs

    Recent Amendments to Health Savings Account Provisions HSA Contribution Amounts Reimbursing Medical Expenses Accumulating Tax-Advantaged Savings Full Deduction in First Year Transfer from IRA to HAS Index for 2006

December 2006

  • December 1, 2006

    December 2006 Legal Briefs

    Defense Authorization Act – Restrictions on Loans to Service Members and Their Dependents Background What Transactions are Covered? “Interest” Limited to 36% All Fees are “Interest” New Definition of “APR” No Lender Access to Bank Account No Renewal of Debt No Mandatory Arbitration Non-complying Contracts Void Criminal Provision What Persons are Covered?