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11.15.19

VIEWpoint Issue 3 | 2019

10.28.19

Contractor’s Revenue Recognition Reminder Checklist

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CFPB Releases Consumer Reporting FAQs

06.17.20
On June 16, 2020, the Consumer Financial Protection Bureau (CFPB) released the Consumer Reporting FAQs Related to the CARES Act and COVID-19 Pandemic to address the compliance responsibilities of the Coronavirus Aid, Relief, and Economic Security Act...
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LIBOR Change Impacts Regulation Z

06.15.20
The London Inter-Bank Offered Rate (LIBOR) is being discontinued sometime after 2021. A financial institution may have adjustable rate mortgage loans, HELOCs, credit cards and other types of consumer loans currently using the LIBOR as their index. Co...
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New CHARM Booklet Available

06.09.20
On June 4, 2020, the Consumer Financial Protection Bureau (CFPB) issued a notice of availability concerning the Consumer Handbook on Adjustable Rate Mortgages (CHARM) booklet. The CHARM booklet is required by the Real Estate Settlement Procedures Act...
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CFPB Announces UDAAP Consent Order

06.03.20
On June 2, 2020, the Consumer Financial Protection Bureau (CFPB) announced a consent order with Main Street Personal Finance (Main Street) and its subsidiaries for Truth in Lending Act (TIL) and Unfair and Deceptive Acts or Practices (UDAAP) violatio...
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CFPB Releases Complaint Bulletin

05.26.20
On May 21, 2020, the Consumer Financial Protection Bureau (CFPB) released the Complaint Bulletin, reflecting complaint data received by the CFPB as of May 11, 2020. The bulletin discloses changes in overall complaint volume before and after the decla...
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