2009 Compliance FDIC Regulation 
CFPB Monitor
OCTOBER 17, 2022
The CFPB’s key findings are: Based on a comparison of data from 2009 with year-end 2021 data, the number of college credit card agreements, overall payments from issuers to IHEs, and open accounts continue to decrease. ED also stated that it “will monitor compliance and take corrective action to enforce these regulations when necessary.”.
PYMNTS
OCTOBER 1, 2018
The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. In 2010, LendingClub added to its war chest with a $24.5
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Abrigo
JULY 22, 2022
Cryptocurrency regulation is on the horizon The ups and downs of the cryptocurrency scene have illuminated a need for guidance for traditional financial institutions. Takeaway 2 While these financial products are appealing, the lack of stability and consumer protections surrounding them are a concern for the FDIC. ? .
CFPB Monitor
JULY 6, 2020
These actions could include, but are not limited to, updated compliance aids, policy statements, or other guidance.”. The CFPB recently proposed amendments to Regulation Z pursuant to this directive. Qualified Mortgage Definition under the Truth in Lending Act (Regulation Z). Click here for more information and to register.).
Jeff For Banks
JULY 20, 2012
IMCRs When the financial crisis struck, and FIs began to falter, regulators were issuing regulatory orders (supervisory agreements, written agreements, cease & desist orders, and memorandum of understandings, collectively "ROs") faster than my daughters point out that I''m wrong. It has come from three places, in my opinion.
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