Compliance Action, Volume 15, Number 12

Truth in Lending: More Proposals! (5 Action Steps)

By Lucy Griffin

The Fed's latest proposal to Reg Z contains a potpourri of changes.

Is It An Application Yet? (Chart)

By Lucy Griffin

When an application actually becomes an application varies with each regulation.

Compliance Notes

• Starting Over?
• Foreclosures Down - a Bit
• 2009 HMDA Data is Out
• FAX Memories

Compliance Calendar

In the Editor's Opinion
What's Really Wrong with Consumers

By Lucy Griffin

Lack of consumer education is clearly illustrated by a finding in the Fed's study on the effectiveness of credit insurance disclosures.

Compliance Q & A

• Loan Modification for Home Repairs
• GMI on Prequalification Request
• SAR and §314(a) List

Un-Fair Lending is Expensive

This lender found out just how high the price of discriminatory lending can be.

Mortgages, Foreclosures and CRA

Some important lessons have emerged from the recent economic crisis.

Escrows for Jumbo HPMLs

Proposed changes to Regulation Z would raise the HPML escrow account trigger for Jumbo loans.