Compliance

ABA Urges Creation of SBREFA Panel

ABA, along with three trade associations and the U.S. Chamber of Commerce, wrote a letter to the Consumer Financial Protection Bureau urging the Bureau to create a Small Business Regulatory Enforcement Fairness Act panel prior to proposing rules to regulate arbitration.

Read More »

ABA Compliance Center Inbox, May/June 2015

By Leslie Callaway, Mark Kruhm and Rhonda Castaneda ABA Center for Regulatory Compliance MLOs and LOs: Same Difference? QWill you please explain the difference between a Mortgage Loan Originator (MLO) under the S.A.F.E. Act and a Loan Originator (LO) under Regulation Z? AAll MLOs are LOs, but not all LOs are MLOs! Reg Z uses the terminology Loan Originator while the S.A.F.E. Act ...

Read More »