Items Tagged with 'disclosures'
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
Learn all you can about how your CU must comply with the CFPB’s mortgage regulations.
April 15, 2013
The new rules already dominate compliance planning for the next year, but CUs must save capacity for potential disclosure changes.Read More
Engage early in a rulemaking and make noise throughout the newly extended process.
June 11, 2012
By proposing rules after soliciting feedback, CFPB has changed the rules of the rulemaking game—and spectators need to pay attention.Read More
Truth in Lending, FACT Act, and Equal Credit Opportunity Act compliance will demand more attention.
April 14, 2012
Increased emphasis on these issues will require CUs to re-examine their processes, disclosures, and training.Read More
Account for these four compliance areas if you offer mobile products and services.
March 22, 2012
In my compliance world, I like to write about topics that are black and white. But this month I’m going to discuss mobile banking compliance, which currently features a few more shades of gray.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
Proposed rule would require remittance transfer providers to make certain disclosures to senders of remittance transfers.
July 1, 2011
The Federal Reserve Board has issued a proposal to require disclosures on remittance transfers to recipients in foreign countries.Read More
Revisit old regs as you comply with new ones.
March 8, 2011
If you don’t conduct a compliance review, you could quickly be out of compliance.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
Fed proposal could have a negative impact on CU members.
December 27, 2010
Buried within a Fed proposal regarding reverse mortgages and the right of rescission are additional disclosures for insurance products.Read More