Links in “Agencies”
- CFPB Expands Complaint Database to Include Debt Collection
Adding debt collection to its already massive database; also offers consumers five action letters to use in corresponding with collectors. [7/10]
- Dodd-Frank Readiness Guide Now Available
CFPB issues a Dodd-Frank Mortgage Readiness Guide to assist financial institutions with the new mortgage rules; guide also discusses the review process examiners will use to verify compliance and includes a âreadiness questionnaire.â [7/9]
- CFPB’s Wish List
In case you didn't know the CFPB plans on being busy in 2013 and beyond. Check out their Proposals in various stages. Highlights include new HMDA, Privacy, Debt Collection and a whole lot more. [7/9]
- In CFPB’s Crosshairs: Debt Collection and Payday Lending
Among other items on CFPB's docket: consumer outreach and research on debt collection issues and payday lending. [7/8]
- A Closer Look at the 2 Laws That Require Adverse Action Notices
Philadelphia Fed Reserve articles breaks down the differences and similarities between the adverse action notice requirements of ECOA and the FCRA, a critical step toward achieving compliance. [7/5]
- FDIC Issues CRA Ratings and PEs for July
Based on Examinations through April 2013. 1.5% Needs Improvement Rate. Solid comparative information merits review. [7/3]
- FTC Issues Guidance for Compliance with COPPA Rule Changes
The recent changes to the Childrenâs Online Privacy Protection Act went into effect on 7/1/13, and the FTC has now issued a âSix-Stepâ compliance plan to assist credit unions and others in their compliance efforts. [7/3]
- Clarifying Amendments Proposed for Regs. B, X, and Z
CFPB's proposed amendments to Reg. B, Reg. X and Reg. Z address mortgage loan servicing, loan originator compensation, fee thresholds for high rate/high fee mortgages and qualified mortgages, exemptions for certain creditors, prohibition on creditor-financed credit insurance, and effective dates for certain provisions. [7/2]
- NCUA Turns Spotlight on Fair Lending
Guidance on NCUA's new hot topic: Fair Lending examination program. [7/2]
- CRA 109 LTDs are Released
Even if you're not subject to 109 of Riegle-Neal Interstate, it is interesting to check out and compare your FI. [7/2]
