OCC Updates Exam Procedures, Guidance for TCPA Compliance
The Office of the Comptroller of the Currency, which regulates national banks…
OCC Fines Amex $15M For Lax Oversight of Third Party Affiliates
In an announcement that is likely to have every creditor -- especially…
Bank Regulators Release New Examination Procedures for FDCPA Compliance
The Office of the Comptroller of the Currency, in conjunction with the…
Regulators Announce End to Servicers’ Pandemic ‘Temporary Flexibility’
Mortgage servicers, your time is up. The 18 months that you have…
Federal Gov’t Announces Crackdown on Discrimination in Financial Services
It might not specifically mention debt collection or the accounts receivable management…
Senate Passes Bill Repealing OCC’s ‘True Lender’ Rule Aimed at Boosting Loan Sales
A repeal of a rule that aimed to close a gap in…
Legislation Proposed to Use CRA to Repeal OCC’s ‘True Lender’ Rule
In a sign of what may be to come, two members of…
OCC Hits Pause Button on New Fair Access Rule
Just two weeks after it announced it, the Office of the Comptroller…
Compliance Digest – January 18
I'm thrilled to announce that Bedard Law Group is the new sponsor…
States Sue Bank Regulator to Overturn ‘True Lender’ Rule
A group of eight state attorneys general filed suit yesterday in federal…