Links in “Agencies”
- CUNA Announces Tony Blair to Speak at GAC
Attendees of CUNAâs GAC conference in 2014 will have an opportunity to hear Tony Blair, former British Prime Minister, provide his analysis of world events. The conference, which usually draws about 4,000 attendees, will begin on February 23rd in Washington, DC. [12/17]
- CashCall Answers the Penalty Call
CFPB complaint filed against CashCall seeks to curb online lender's practices and seek penalties. [12/17]
- CFPB’s 2013 Fiscal Score Card
96-page report details growth (1400 employees at 30% growth rate) with strong year of penalties assessment and efforts to promote consumer protections. [12/17]
- Prosecutors Growing Fond of FIRREA
DOJ has filed more FIRREA actions in the past few years than it did in the first 20 years of the statute's existence. [12/17]
- Once More to COPPA
FTC seeks comments on IVeriFly verifiable parental consent method for COPPAs to ensure that the person providing the consent is actually the childâs parent. [12/17]
- Agencies Post Regulatory Approach for Qualified and Non-Qualified Mortgage Loans
Four federal financial institution regulatory agencies issued a statement to clarify safety-and-soundness expectations and Community Reinvestment Act (CRA) considerations related to qualified mortgage loans and non-qualified mortgage loans offered by regulated institutions. [12/16]
- New 2014 HOEPA Threshold and Fee Safeharbor Established
As required under TILA, new thresholds for coverage under HOEPA rise to $632 or 8% of total loan amount (whichever is greater) and penalty fee safe harbor of $26 for §1026.52(b)(1)(ii)(A) and $37 for §1026.52(b)(1)(ii)(B). [12/16]
- CFPB Names Former Consumer Advocate as Payday Lending Manager
Laura Udis comes to the bureau from the Consumer Federation of America, where she served as Senior Advocate for Financial Services and worked on consumer credit, debt collection and debt settlement issues. [12/16]
- Changes in Expectations for Social Media Risk Management
FFIEC's final guidance on social media moves away from a one-size-fits-all approach and takes into account that a financial institution's social media approach will vary according to size, complexity and activities. [12/13]
- Agencies Go Final on Appraisal Rule Small Exemption et Al
The appraisal requirements (written and interior inspection) for higher-priced mortgages received exemption on loans of $25,000 or less and certain "streamlined" refinancings (effective January 18, 2014) as well as special provisions for manufactured homes (effective July 18, 2015). [12/13]
