Latest Compliance - Disclosures Topics

Question: An outside auditor recently criticized our ARM disclosures because they do not include the demand feature disclosure.

After more than a quarter century of disclosing the costs of credit, there is movement toward re-evaluating the methods used to disclose costs in the Truth in Lending and Real Estate Settlement Pro

We have been talking about "managing compliance" or compliance "management" for some years. Those of us who do it - who manage compliance - know what it is.

Question:We recently decided to change our hold policies. Do we have to send our customers a complete new disclosures or can we send information about the changes?

Compliance training is becoming a favorite item of compliance examiners and is therefore one of the most important elements of your compliance program.

With new rules on CRA taking effect, this is a good time to check your lobby.

It's that time of year again. Time for resolutions - and time for updating lots of forms.

The Federal Reserve has published final rules on specialty mortgages: high cost mortgages and reverse annuity mortgages.

Bob Chamness, partner in the San Francisco office of McKenna & Fitting, was leading a session at the ABA Compliance Conference in Washington, DC in June.

First Federal of Indiana, PA called, and, during a conversation with the editor, revealed that they put their disclosures and documentation on cassette tapes for the blind as part of their complian