ABA Regulatory Policy and Compliance Inbox: Are late fees covered by the SCRA’s six percent cap on interest?
The intent of the SCRA was to ensure service members are not disadvantaged by their service and do not suffer ...
The intent of the SCRA was to ensure service members are not disadvantaged by their service and do not suffer ...
The Small Business Administration recently issued Standard Operating Procedure 50 10 Version 7 that was effective Aug. 1, 2023. It ...
ABA urged lawmakers to support legislation to reauthorize the National Flood Insurance Program through the end of next year.
And it permissible for a bank to purchase an email list from a third party to send out email marketing ...
And if a bank reports consumer deposit accounts to a “specialty” consumer reporting agency such as ChexSystems, is it required ...
What if the consumer never requested that the bank stop payment but submits a claim that the transaction is unauthorized?
Previously, only insurance obtained through the National Flood Insurance Program was permissible for FHA-insured mortgages.
NFIP is “essential” so borrowers in flood-prone areas can access mortgage collateral and insurance to protect their properties, ABA said.
The banking agencies issued a set of reorganized, revised and expanded interagency questions and answers on flood insurance compliance.
Flood insurance providers may begin communicating often substantial rate increases to borrowers this month. Here’s how to prepare for customer ...
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