Articles by Michael McLain
A second interim rule amends the Mortgage Disclosure Improvement Act.
March 25, 2011
A second interim rule amends Mortgage Disclosure Improvement Act requirements.Read More
Mandatory compliance dates begin January 1.
January 10, 2011
Final rule applies to all consumer mortgages secured by the borrower’s principal dwelling, whether the transaction is a closed-end mortgage or a home equity line of credit.Read More
Recent rule changes have CUs lost in a Reg Z maze.
December 21, 2010
A rash of recent Regulation Z mortgage lending changes has heads spinning.Read More
Rule requires disclosures on how mortgage payments change over time.
November 19, 2010
Rule requires disclosures on how mortgage payments change over time.Read More
The third phase of the Fed's implementation of the CARD Act.
October 10, 2010
The third phase of the Fed's implementation of the CARD Act.Read More
Change-in-terms, late-fee provisions required clarification.
September 29, 2010
Sometimes, a literal reading of a particular Regulation Z provision doesn't disclose the full intent or meaning. Read More