Articles by Bill Klewin
A curmudgeon’s take on compliance requirements in the New Year.
December 31, 2013
New disclosure requirements will not improve consumers' understanding of loan products.Read More
Some scary stories are real—and potentially costly.
November 25, 2013
Members must provide prior express written consent to receive marketing calls, texts, and faxes.Read More
Follow a three-step road map to manage the growing compliance burden.
June 18, 2013
Like death and taxes, the growing volume of complex regulations is inevitable.Read More
Slow down and watch for compliance hazards with multifeatured open-end lending plans.
November 1, 2012
CUs now can find the lending solution that is right for members.Read More
Auto-loan uptick provides opportunity for review.
July 27, 2012
Compliance requirements differ for direct and indirect loans.Read More
CUs must continue to watch the volume, complexity, and novelty of new consumer regulations.
March 1, 2012
The Consumer Financial Protection Bureau is taking very seriously its role as protector of consumers against abusive credit providers.Read More
Establish the new agency’s legality before subjecting CUs to still more regulations.
February 10, 2012
CUs face a deluge of rules both baffling and complex.Read More
From Ficus to Nandina, agency aims to simplify cumbersome and redundant mortgage disclosures.
December 21, 2011
It would be a rare win-win if the new bureau could streamline the mortgage process for lenders in a way borrowers could understand.Read More
A case in point involves the Equal Credit Opportunity Act.
November 23, 2011
Penalties for violating ECOA can be quite severe. Just ask a small bank in Texas.Read More