2012 Lending Regulation Taxes 
PYMNTS
JULY 31, 2017
Regulators are reportedly inquiring about how a lawyer for wealthy customers of Wells Fargo came to access so large a trove of customer information. Regulators have reportedly informally reached out to the attorneys involved in the lawsuit underlying the release of information to figure out how the data breach happened.
PYMNTS
NOVEMBER 20, 2017
Defaults are high, with borrowers facing all sorts of actions as lenders try to get the unpaid money, including filing lawsuits, garnishing wages, putting liens on properties and seizing refunds from taxes. From 2012 to 2017, officials reported greater than 5,400 individuals to professional license agencies because of unpaid debt.
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CFPB Monitor
FEBRUARY 17, 2015
Late last week, on February 12, the CFPB announced actions against three mortgage companies for alleged violations of Regulation N , the Mortgage Acts and Practices Advertising Rule. Among other restrictions, Regulation N bars any commercial misrepresentation of the relationship between a credit provider and a government. Andreano, Jr.
PYMNTS
OCTOBER 5, 2016
The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. ” They also requested the CFPB “tread lightly” in regulating them.
Independent Banker
SEPTEMBER 22, 2015
Avoiding potential lending hazards from regulatory flood-insurance requirements. Recently Congress passed the Biggert-Waters Flood Insurance Reform Act of 2012, followed by the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA). Biggert-Waters) the bank was not required under federal or state law to escrow taxes or insurance.
PYMNTS
SEPTEMBER 9, 2016
In 2012, according to Forbes , while vacationing in Ibiza, the fraternal entrepreneurs were introduced to bitcoin and fancied its chances as an alternative to fiat currencies. But the town is also demonstrating its versatility as the end of banking secrecy, and new tax reforms are threatening its economy.
Abrigo
JANUARY 29, 2020
Key Takeaways The FDIC issued an advisory to FIs encouraging safe and sound lending practices in today's ag lending environment. FDIC) issued an advisory to financial institutions encouraging exceptionally safe and sound lending practices in agricultural lending. Learn More.
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