ABA Compliance Center Inbox, May/June 2017
Do social media comments belong in the public CRA file… and more.
Browsing: TCPA
ABA to FCC: Preserve Banks’ Ability to Contact Customers Under TCPA
In a comment letter to the Federal Communications Commission today, ABA urged the FCC to preserve banks’ ability to advise their customers of data breaches, suspicious account activity, low account balances and other important information in a timely and efficient manner.
Trades: FCC Overstepped Authority in TCPA Exemption Final Rules
In a joint comment letter to the Federal Communications Commission this weekend, ABA and the Consumer Bankers Association urged the FCC to facilitate — not impair — important communications between lenders and borrowers of debt owed to or guaranteed by the federal government, including calls made to service federally guaranteed or insured mortgages or federal student loans.
ABA Compliance Center Inbox, January/February 2017
When Do I Need to Provide an Updated Closing Disclosure? The TILA-RESPA integrated disclosures regulation set forth instances when a corrected closing disclosure and a restart of the three-business-day waiting period are required. Is re-disclosure required when there is a change to the loan amount that does not change the loan product, add a prepayment
‘When Can I Call My Customer?’
This should be a simple question for bankers, but it’s not. TCPA has spawned a confusing set of rules about customer contact.
FCC Issues Order on TCPA Exemption for Debt Restructuring Calls
The Federal Communications Commission issued final rules yesterday regarding non-telemarketing robocalls made to collect debts owed to or guaranteed by the United States. The final rules implement section 301 of the Bipartisan Budget Act of 2015, which exempted from the Telephone Consumer Protection Act’s prior consent requirements autodialed and prerecorded calls “made solely to collect
ABA: FCC Undermines Congress on Debt Restructuring Robocalls
ABA and the Consumer Bankers Association today challenged the Federal Communications Commission’s proposed rule regarding robocalls made to collect debts owed to or guaranteed by the United States.
Banks Push Back Against FTCPA
By Jeff Fotta