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Dodd-Frank Act developments are tagged .

 Topics pages

Real Estate Settlement Procedures Act (RESPA)

• CFPB Enforces RESPA, Fines Homebuilder for Real Estate Kickbacks (5/17/13)
•  CFPB Clarifies 2013 Escrows Final Rule, Issues Final List of Rural, Underserved Counties (5/16/13)
• CFPB Video Guides to Mortgage Rules (5/15/13)
•  ABA Staff Analysis: CFPB Proposal Clarifies 2013 Reg X and Reg Z Mortgage Rules (4/22/13)
•  CFPB Proposal Clarifies 2013 Reg X and Reg Z Mortgage Rules (4/19/13)
•  CFPB Small Entity Compliance Guide on TILA Escrow Rule (4/18/13)
• ABA Backgrounder on Mortgage Reform Issues (Updated April 2013)
•  CFPB Proposes Technical Amendments to 2013 Escrow Final Rule (4/11/13)
•  CFPB Small Entity Guide and ATR/QM comparison chart (4/10/13)
• Interagency Statement on the Impact of Biggert-Waters Act (3/29/13)
• ABA Comment on FEMA's decision to rescind the Mandatory Purchase of Flood Insurance Guidelines (3/28/13)
•  ABA Staff Analysis: Final Rule on High Cost Mortgages and Homeownership Counseling (March 2013)
•  ABA: Expand QM Safe Harbor for Balloon Loans (2/25/13)
•  ABA Staff Analyses: Servicing At-A-Glance Matrix and Mortgage Servicing Rules under Reg X (2/25/13)
• ABA Staff Analysis: Biggert-Waters Flood Insurance Reform and Modernization Act, Updated February 2013
•  Final ‘Qualified Mortgage’ Standard to Cover Most Current Mortgages - Fact Sheet and Summary (1/10/13)
• Mortgage Servicing Companies to Pay more than $8.5 Billion (1/7/13)
• ABA Reports: Flood Insurance Program Changes (12/3/12)
• CPFB Warns Consumers and Lenders Against Misleading Mortgage Advertisements (11/19/12)
•  CFPB Delays Implementation of Certain New Mortgage Disclosures (11/16/12)
• Duke: Abandon One-Size-Fits-All Mortgage Rules (11/09/12)
•  ABA Comment on Proposed Rule to Amend Disclosures under RESPA and TILA (11/6/12)
• FHFA and CFPB to Partner on National Mortgage Database (11/1/12)
•  ABA Staff Analysis: Draft Proposal on High-Cost Mortgage (HOEPA), Homeownership Counseling Amendments to the Truth in Lending Act (Regulation Z) and Amendments to RESPA (Regulation X), August 2012 
• ABA Staff Analysis: Escrow Table as of July 2012
  This chart is intended to assist lenders in determining mortgage escrow requirements for any state in which the financial institution is making home-secured loans.
•  ABA Makes Recommendations on Mortgage-Originator Compensation Rulemaking (7/23/12)
•  ABA Staff Analysis: CFPB Proposed RESPA/TILA Reform (7/17/12)
• CFPB Report Finds Confusion About Reverse Mortgages (6/29/12)
• CFPB Expects to Meet RESPA-TILA Disclosures Deadline; ABA Recommends Deliberative Process (6/21/12)
• Supreme Court Sides With Lender in RESPA Suit (5/25/12)
• Consumer Handbook on Adjustable-Rate Mortgages (CHARM) Updated (April 2012)
• ABA Staff Analysis: Interagency Q&As Regarding Flood Insurance (10/28/11)
• ABA Staff Analysis: Loan Requests from Customers Seeking Flood Insurance at a Time of Imminent Loss (5/10/11)
• ABA Staff Analysis: Final Rule on Rules for Higher-Price Mortgage Loans— Mandatory Escrow for Jumbo Loans(3/10/11)
• ABA Staff Analysis: Appraisal Independence Rules (11/1/10)
• ABA Staff Analysis: Interim Rule Amending Regulation Z: Summary Information Regarding Interest Rates and Payment Changes (9/27/10)
• ABA Staff Analysis: Rules Regarding Loan Originator Compensation Policies (9/9/10)
• ABA Staff Analysis: Secure and Fair Enforcement for Mortgage Licensing Act (8/3/10)
• Right of Rescission over the July 4th Holiday
  Generally, when consumers have a right to rescind a home-secured loan, they may exercise the right until midnight of the third business day following consummation or the delivery of certain disclosures, whichever occurs last. For purposes of rescission, section 226.2(a)(6) defines "business day" to mean all calendar days except Sundays and the federal legal holidays listed in 5 U.S.C. § 6103(a). The statute lists ten legal holidays; it identifies four holidays by a specific date (New Year's Day, January 1; Independence Day, July 4; Veterans Day, November 11; Christmas Day, December 25). Comment 2(a)(6)-2 clarifies that for these four holidays, only the date specified in the statute is considered a legal holiday for purposes of rescission. Thus, if the date specified in the statute falls on a weekend, the Friday before the specified date or the Monday following it are considered business days even if government offices are closed in observance of the holiday. Questions? Contact ABA Compliance.
• Overtime Status of Mortgage Loan Officers under FLSA (6/7/10)
• OTS: What to Expect When You Apply for Mortgage Loan (4/1/10)
• ABA Staff Analysis: SAFE Rule (12/3/09)
• ABA's MDIA/Truth in Lending Act FAQs

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Credit CARD Act

Cards 

• ABA Staff Analysis: Final Regulation Z Amendment Regarding "Ability to Pay" (5/8/13)
• CFPB Makes ABA-Supported Changes to CARD Act Rules (4/29/13)
• ABA Staff Analysis: FAQs on Fed Routing Requirements for Debit and Prepaid Cards (3/22/13)
• ABA Supports CFPB Proposal to Fix Ability-to-Repay Rule (1/7/13)
• Threshold Increased for Exempt Consumer Credit, Lease Transactions (11/20/12)
• ABA Staff Analysis: Proposal to amend “ability to repay” requirement for credit card applications (11/16/12)
• CFPB Regulation Z Proposal to Change Rule Hurting Stay-at-Home Spouses, Comments due January 7 (11/7/12) 
• CFPB College Credit Card Database (11/1/12)
• ABA Asks Fed to Modify Debit Card Costs Calculation (8/24/12)
• ABA Comments on CFPB Prepaid Cards Proposal (7/23/12)
•  CFPB Proposes Revisions to Rule on Credit Card Upfront Fees (4/12/12)
•  CFPB Announces Pilot Test to Simplify Credit Card Agreements (12/7/11)
•  Members of Congress Request Study on Impact of "Ability to Pay" Provisions (12/6/11)
•  Philadelphia Fed: The New Dollar Threshold for Regulation Z Coverage (October 2011)
•  Fed Article on Designing Effective Disclosures for Consumers (8/10/11)
• Fed Sets Reg Z, Reg M Exemption Threshold (6/13/11)
• ABA Staff Analysis: Clarifications of Credit CARD Act Provisions Related to Variable Rate, Effective October 1, 2011 See the Regulatory Chart for more information.
• ABA Brochure: Credit Card Reform: What it Means for You (August 2010) 
• Consumer Compliance Outlook: An Overview of Reg Z Rules Implementing CARD Act (3/31/10)
• ABA Staff Analysis: Summary of New Credit CARD Rules (2/8/10)

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 | Home Mortgage Disclosure Act (HMDA) 

• ABA: Revise Proposed Changes to CRA Q&As (5/17/13)
• ABA Staff Analysis: Interagency CRA Q&As (4/5/13)
• 2013 Guide to HMDA Reporting (4/18/13)
• 2013 HMDA/CRA Data Entry Software Now Available (12/20/12)
• Agencies Release Annual CRA Asset-Size Threshold Adjustments for Small Institutions (12/19/12)
•  CFPB Sends First Fair Lending Report to Congress (12/6/12)
•  CFPB, Justice Agree to Coordinate Fair Lending Enforcement (12/6/12)
• CRA HMDA Reporter: FFIEC Guidance on CRA/HMDA Reporting (12/4/12)
• 2013 HMDA and CRA Edits (10/10/12)
• 2012 Data on Median Family Income Now Available (9/24/12)
• FFIEC Announces Availability of 2011 HMDA Data (9/18/12)
• FFIEC Releases 2011 Small Business, Small Farm and Community Development Lending Data (8/14/12)
• 2012 CRA/HMDA Data Entry Software Now Available (7/27/12)
• ABA Urges End to ‘Disparate Impact’ Fair Lending Enforcement (7/19/12)
• Agencies Release 2012 List of CRA Distressed or Underserved Areas (6/29/12)
• FFIEC Updates CRA/HMDA Websites - 2012 Census Data and Geocoding System (6/29/12)
• ABA Compliance Toolbox on Fair Lending (5/16/12)
• FDIC Model Safe Accounts Pilot: Final Report (4/26/12)
• 2012 CRA/HMDA Data (1/3/12) 
• ABA Staff Analysis: Joint Credit Reports and Fair Lending to Joint Applicants (4/26/10)
• ABA Staff Analysis: Lending to clients with special needs (4/2010)
• Consumer Compliance Outlook: CRA and Consumer Protection Issues in Banking Applications (3/31/10)

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 Topics page

• ABA Staff Analysis: Servicemembers Civil Relief Act Compliance (Updated December 2012)
• ABA Staff Analysis: Regulation V Appendices and Applicability to Banks (December 2012)
• ABA Staff Analysis: SCRA FAQs on HUD's Servicemembers Civil Relief Act Notice Disclosure (Published in March 2011. Updated November 2012)
• CFPB Publishes Corrections to Model FCRA Notices (11/14/12)
• GAO Study of SCRA Compliance (7/17/12)
•  HAMP Changes to Take Effect in June will Help Military Homeowners (5/9/12)
• FTC, DOJ, CFPB Support Constitutionality of the Fair Credit Reporting Act (5/8/12)
• ABA Staff Analysis: Credit Score Final Rule, July 2011
• DOJ Publication: Protecting the Rights of Servicemembers, August 2011
• ABA Staff Analysis: Proposed Credit Score Notices (5/17/11)
• SCRA Revised Examination Procedures (5/3/11)
• FAQs on Handling Loans Under the Servicemembers Civil Relief Act (SCRA), March 2011
• HUD Issues Corrected 800 Number for Servicemembers (3/14/11)
• ABA Staff Analysis: Credit Score Exceptions (1/4/11) See the Regulatory Chart for more information.
• ABA Staff Analysis: Education Loan Disclosures Under Regulation Z (2/16/10)
• Education Loan Disclosures Under Regulation Z (8/14/09)
• Interagency SCRA Exam Procedures (3/24/09)
• FTC Debt Collection Practices Workshop (10/07)
• Fed Study Finds Consumers Did Not Fare Better after Payday Lending Bans (1/02/08)       

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 Topics pages

• CFPB Debuts Spanish Language Website (5/15/13)
• FDIC and OCC Announce Consent Orders re: Overdraft fees, Rewards Checking and Stop Payment Orders (4/30/13)
• ABA Supports CFPB Proposal to Fix Ability-to-Repay Rule (1/7/13)
• ABA Staff Analysis: Servicemembers Civil Relief Act Compliance (Updated December 2012)
• ABA Staff Analysis: Regulation V Appendices and Applicability to Banks (December 2012)
• Cordray Discusses CFPB Supervision of Payday Lenders, Debt Collectors and Credit Reporting Companies (12/5/12)
• ABA Staff Analysis: Proposal to amend “ability to repay” requirement for credit card applications (11/16/12)
• CFPB College Credit Card Database (11/1/12)
• OCC Enforcement Action against Issuer of Prepaid Cards (9/24/12)
• FDIC and CFPB Order Bank to Pay $200 Million for Deceptive Marketing (9/24/12)
• Higher One, Inc. of New Haven, Connecticut, and The Bancorp Bank of Wilmington, Delaware Reaches Settlement with FDIC for Charging Student Account Holders Multiple Nonsufficient Fund (NSF) Fees (8/8/12)
• UDAAP Course Added to Frontline Compliance Training (April 2012)
• ABA Compliance Library: UDAAP Policy Writing Guidelines - look under "Forms" (4/2012)  
•   CFPB Proposes Revisions to Rule on Credit Card Upfront Fees (4/12/12)
• March 15 ADA Compliance Date: What it means for your bank (March 2012)
• FRB: Designing Disclosures — Lessons Learned from Consumer Testing (August 2011)
• ABA Staff Analysis: Credit Score Final Rule, July 2011
• DOJ guidance on the provisions in the 2010 ADA Standards regarding service animals (7/6/11) 
• ABA Staff Analysis: Proposed Credit Score Notices (5/17/11)
• ABA Comment Letter on Request for Comment and Information: IAT Modifications and Refinements (4/8/11)
• ABA Staff Analysis: Credit Score Exceptions (1/4/11)
• ABA Staff Analysis: Americans with Disabilities Act, DOJ Final Rule on ADA Standards for Accessible Design (12/10/10) See the ADA page for more information.
• ABA Resource: Assessment-Base Calculator. Read the explanation (August 2010)
• House Panel Approves Internet Gambling Bill (7/30/10)
• UIGEA Exam Guidance (6/30/10)
• One More Time: Internet Gambling Regulations to be Mandatory on June 1, 2010 (4/19/10) 
• Guidance: STAMP Certification (3/13/09)

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• FTC: Free Annual Credit Reports
• Fed Study: Financial Education Program Shows Positive Results in Teaching Disadvantaged Youths about Saving (3/15/13)
• OCC Newsletter Spotlights Financial Literacy Events (September/October 2012)
• ABA Offers Advice for Struggling Homeowners (6/28/12)
• FDIC Tips on Buying Bank CD, Paying for Education, Car Financing (5/18/12)
• Students' Financial Literacy Challenged through National Financial Capability Challenge (3/13/12)
• Fed Chairman Bernanke Discusses Importance of Financial Literacy (4/20/11)
• GAO Report on Elder Abuse (3/2/11)
• FDIC Consumer News Offers Tips on Money Management (2/24/11)
• Fed's Online Resource Provides Consumer Guidance to Credit Reports, Credit Cards (11/10/10) 
• FDIC Releases Enhanced Version of Money Smart (10/29/10)
• FDIC's Money Smart Podcast Available in Spanish (10/14/10)

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 Topics pages

| FDIC Deposit Insurance | 

• ABA Staff Analysis: Final Regulation Z Amendment Regarding "Ability to Pay" (5/8/13)
• ABA Staff Analysis: FDIC and OCC Proposed Guidance on Deposit Advance Products (5/8/13)
•  ABA Staff Analysis: Remittances Final Rule (5/6/13)
•  CFPB Issues Remittance Final Rule (4/30/13) Effective October 28, 2013
• Report to the Congress on the Use of the ACH System and Other Payment Mechanisms for Remittance Transfers to Foreign Countries (April 2013)
• Consumers Report Increased Use of Mobile Banking (3/27/13)
• ABA Staff Analysis: FAQs on Fed Routing Requirements for Debit and Prepaid Cards (3/22/13)
• Final Rule: Disclosures at Automated Teller Machines (Regulation E) (3/26/13)
• ABA Guidance: Government Benefit Checks to be Eliminated by March 1, 2013 (Updated)
•  Joint Comment Letter on Proposed Revisions to Remittance Rules (1/30/13)
•  ABA Supports Proposed Delay of Effective Date of Remittance Rules (1/15/13)
• ABA Supports CFPB Proposal to Fix Ability-to-Repay Rule (1/7/13)
• ABA Staff Analysis: Proposed Revisions to the Remittances Transfer Rule (January 2013)
• EFTA Amendment re ATM Placard (12/20/12)
• ABA Staff Analysis: Proposed Amendments to BSA Definitions “funds transfer” and “transmittal of funds” (11/30/12)
• ABA Staff Analysis: Proposal to amend “ability to repay” requirement for credit card applications (11/16/12)
• CFPB College Credit Card Database (11/1/12)
• ABA Comment Letter to CFPB on Whether Maine, Tenn. Gift Card Laws Should be Preempted (10/22/12)
•  Joint Trades Letter to CFPB Remittance Rules (10/17/12)
•  CFPB: Small Business Compliance Guide to Remittance Rule (10/15/12)
•  CFPB Response to Congressional Letter on Remittances Rule (9/18/12)
• Joint Letter to Members of the U.S. House of Representatives on CFPB Remittances Rule (7/30/12)
•  CFPB Revises Remittance Rule to Exempt More Community Banks (8/7/12)
•  Fed Issues Final Rule on Debit Card Fraud-Prevention Adjustment (7/27/12)
•  ABA Comments on CFPB Prepaid Cards Proposal (7/23/12)
• Fed: Banks' Debit Card Fees Declined Substantially (5/1/12) Read ABA's Statement on the Report.
•  ABA Comment on Remittances (4/9/12)
•   CFPB Proposes Revisions to Rule on Credit Card Upfront Fees (4/12/12)
• Additional Check 21-Related FedReceipt® Routing Numbers (3/19/12)
•  ABA Comment on CFPB's Proposed Prototype Credit Card Contract (3/7/12)
• ABA Staff Analysis: FDIC UDAP Theory - Force Pay Overdraft Transactions (2/24/12)  
• FDIC Issues Revised Payment-Processor Guidance (1/31/12)
•  Credit Card Complaint Data Flawed, ABA Says (1/30/12)
• GMU Working Paper: The Economics and Regulation of Bank Overdraft Protection (October 2011)
• OCC Issues Revised Exam Procedures (10/21/11)
•  ABA Seeks Comment Extension on Overdraft Guidance (6/27/11)
•  ABA Staff Analysis: OCC Proposed Guidance on Deposit-Related Consumer Credit Products (6/10/11)
• FDIC Overdraft Payment Program Supervisory Guidance FAQs (4/4/11)
• Summary of FDIC's Final Rule on Assessment Base and Schedule (2/9/11)
• Summary of FDIC's Final Rule on Large Bank Assessment Pricing (2/9/11)
•  ABA Staff Analysis: Signage and Disclosure of FDIC Coverage for 2011 (January 2011)
• ABA Staff Analysis: FDIC Finalizes Overdraft Payment Program Guidance (11/30/10)
• ABA Survey Finds Most Consumers Avoid Overdraft Fees (9/22/10)
• ABA Report: A New Framework for Overdraft Program Compliance (8/2/10)
• ABA Staff Analysis:  Q&A's on Overdraft Final Rules Services (6/2/10)
• ABA Staff Analysis: Overdraft Services Final Rule (6/1/10) 
• ABA Staff Analysis: OTS proposed supplement to Overdraft Guidance (April 2010)

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 Topics pages

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• ABA's SAR Activity Review Page
• ABA's BSA Report: New Framework for Partnership
• FFIEC BSA/AML Exam Manual Resource Page 
• FinCEN Releases The SAR Activity Review: Trends, Tips & Issues and By the Numbers (5/8/13)
• ABA Letter to OCC on Notice and Request for Comment re: BSA/Money Laundering Risk Assessment (4/8/13)
• Final Notice: E-File Mandated Reports by April 1 (3/29/13)
• SDN List Data Moving to New Server (2/13/13)
• OFAC Releases Improved SDN Search Tool (2/5/13)
• ABA Comments on Proposed Changes to Amend Definitions of Transmittal of Funds and Funds Transfer (1/24/13)
• ABA Staff Analysis: FinCEN and FRB Propose Amendments to BSA Definitions (11/30/12)
• FDIC and FinCEN Assess $15 Million CMP Against First Bank of Delaware (11/19/12)
• Foreign Corrupt Practices Act Resource Guide (11/14/12)
• Former FinCEN Director to Join Cleary Gottlieb (11/12/12)
• FinCEN Advisory on Third-Party Payment Processor Risk (10/22/12)
• Issue 22: SAR Activity Review – Trends, Tips & Issues (10/10/12)
• Report: SARs on Foreclosure Rescue Scams Increase (10/10/12)
• Recording of October 2 BSA E-Filing Webinar Now Available Online (10/5/12)
• Recording of September 18 BSA E-Filing Webinar Now Available Online (10/1/12)
• New Database FinCEN Query Now Available (9/11/12)
• New FinCEN Director Announced (8/21/12)
• ABA and TCH Raise Concerns about FinCEN’s Proposed Special Measures Against CredexBank (7/30/12)
• Final Reminder for E-filing Requirement (6/29/12)
• ABA Comments on FinCEN’s Request for Information re: Customer Due Diligence (6/11/12)
• ABA Offers Suggestions to FinCEN re: CTR and DOEP Proposed Data Fields (3/28/11)
• ABA Comments on FinCEN Proposal to Require Non-bank Mortgage Lenders to Comply with AML and File SARs (2/4/11)
• IBFed Comments on FATF's Terrorist Financing Standards (1/12/11)
• SEC Updates No-Action Position regarding CIP Procedures Between Registered Investment Advisers and Broker-dealers (1/11/11)
• ABA Staff Analysis: Confidentiality of Suspicious Activity Reports (11/24/10)   
• ABA Staff Analysis: FATF Consultation Paper: The Review of the Standards – Preparation for the 4th Round of Mutual Evaluations (11/5/10)
• ABA Staff Analysis: FinCEN BSA Regulations Definitions and Other Regulations Relating to Prepaid Access (7/15/10)   
• ABA Staff Analysis: 2010 FFIEC BSA/AML Exam Manual Key Changes (5/21/10) See the FFIEC BSA/AML Exam Manual page for more information.     
• ABA Staff Analysis: FinCEN 314(a) Final Rule on Expansion of Info Sharing (2/12/10)   

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 Topics pages

Privacy

• SEC Approves ID Theft Final Rules (4/10/13)
• ABA Supports Bill Providing Privacy Notice Relief (12/4/12)
• House Bill Would Update Privacy Notice Requirement (5/17/12)
• FinCEN Guidance on Tax Refund Fraud and ID Theft (3/30/12)
• FTC Report on Protecting Consumer Privacy (3/26/12)
• FFIEC Releases Supplemental Guidance on Internet Banking Authentication (6/28/11)
• FTC Testifies on Online Consumer Privacy (3/16/11)
• FDIC Compliance Guidance on Model Privacy Notice Form (9/27/10)
• Final Model Privacy Form Builder (4/1/10)
• ABA Staff Analysis: Final Model Privacy Form (12/8/09)
• Regulators Release New Privacy Model Notice (11/17/09)
• FTC Launches 'Red Flags' Website (4/2/09)     

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   Topics page

• Junk Fax Prevention Act
• FTC Announces Increase in Telemarketer Fees for Do Not Call Registry (8/22/12)
• ABA Comment to FCC Re: Petitions for Declaratory Ruling Concerning the Telephone Consumer Protection Act Rules (10/10/11)
• ABA Comments on Porting under TCPA (4/2/09)
• Court Rejects FTC Interpretation of Telecommunications Consumer Protection Act (5/2008)
• OCC Issues Guidance on Bank Gift Card Marketing (8/14/06)
• Summary of Rules Implementing Junk Fax Prevention Act (7/31/06)
• Junk Fax Rules Adopted (4/10/06)
• FTC Pursues "Free Credit Report" Lure (8/16/05)
• FTC Bans Telemarketer Scamming for Bank Account Info (8/2/05) 
• FTC Debunks Cell-phone Telemarketing Threat (4/15/05)

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