238 Enforcement Actions in the U.S. over past 30 days

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FINRA enforcements decreased 70% over the past 30 days

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SEC issued enforcements: $289,563,885 over the past 30 days

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161 Final Rules go into effect in the next 30 days

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37 Mortgage Lending docs published in the last 7 days

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1460 docs with 2637 extracted obligations from the last 7 days

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1415 new Proposed and Final Rules were published in the past 7 days

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8611 new docs in pro.compliance.ai within the last 7 days

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NAVIGATION

Concepts

Concepts are a collection of terms that uses the advanced search capability in order to quickly keep track of different areas in the regulatory landscape .

These are the concepts currently available on our platform:

Meta-Concept Concept Name Definition
Broker/Dealer Registered Investment Advisors
The Securities Exchange Act governs the way in which the nation’s securities markets and its brokers and dealers operate. Brokers and dealers, and their associated persons, must comply with all applicable requirements, including those of the U.S. Securities and Exchange Commission. Most “brokers” and “dealers” must register with the SEC and join a “self-regulatory organization,” or SRO. Brokers are paid commissions to execute trades or buy and sell assets for clients.
BSA/AML Financial Crimes
Includes legislations, regulations, policies and guidelines pertaining to money laundering, terrorist financing and violations of the Bank Secrecy Act.
BSA/AML Privacy Suspicious Activity Report (SAR)
National banks are required to file a Suspicious Activity Report (SAR) when they detect a known or suspected violation of Federal law or a suspicious transaction related to a money laundering activity or a violation of the Bank Secrecy Act. The bank is required to file a SAR with the appropriate Federal law enforcement agencies and the Department of the Treasury on the form prescribed by the OCC and in accordance with the form’s instructions. The bank shall also send the completed SAR to FinCEN in certain circumstances.
BSA/AML Data Security
The increased emphasis on information sharing is accompanied by provisions requiring confidentiality and data security protocols. It is important for BSA/AML officers to develop effective plans for addressing and reporting on potentially adverse cyber-events. This includes appropriate frameworks for information sharing among financial institutions, their agents and service providers, their regulatory authorities, and law enforcement authorities.
BSA/AML Information Sharing
Laws and regulations established for procedures of information sharing between law enforcement and financial institutions to deter money laundering and terrorist activity under requirements of BSA and USA Patriot Act.
BSA/AML Customer Due Diligence
Customer Due Diligence enables the bank to understand the nature and purpose of customer relationships, which include understanding the types of transactions in which a customer is likely to engage. These processes assist the bank in determining when transactions are potentially suspicious.
BSA/AML OFAC
It is a department of the U.S. Treasury that is charged with enforcing economic and trade sanctions imposed by the U.S. against countries and groups of individuals. Sanctions have been imposed on those involved in foreign aggression, terrorist activities, and narcotics sales, among other acts.
BSA/AML Money Laundering Notices
Documents published by relevant agencies to notify and inform member firms of the AML requirements and priorities set under law, and to guide member firms to consider how to incorporate the AML requirements into their risk-based anti-money laundering (AML) compliance programs.
BSA/AML Money Laundering Regulations
Laws and regulations under the USA PATRIOT Act and other regulations, wherein broker-dealers must establish a compliance program, including policies and procedures to detect and report suspicious activities to the government, as well as ensure compliance with the new laws. Firms must also implement specialized employee training programs, designate a special compliance officer and conduct independent audits of the effectiveness of the compliance program.
BSA/AML Bank Data Notices
Documents published to notify the public on regulatory updates related to compliance with BSA/AML requirements including establishing a monitoring program, record keeping and adhering to reporting requirements.
BSA/AML Bank Data Regulations
Document issued by banks formulating rules in compliance with BSA/AML requirements including establishing a monitoring program, record keeping and adhering to reporting requirements.
BSA/AML Overdraft Regulation
Includes laws and regulations pertaining to overdraft services provided by financial institutions as well as detecting suspicious activity for deposit accounts with a high volume of activity, which carry low balances, or are frequently overdrawn, may be indicative of money laundering or check kiting.
BSA/AML Financial Crimes Legislation
Documents with a set of rules and regulations that are indispensable and must be followed pertaining to money laundering, terrorist financing and violations of the Bank Secrecy Act.
BSA/AML Financial Crimes Guideline
Documents published to help explain programs and policies and communicate other important information to regulated entities and the public pertaining to money laundering, terrorist financing and violations of the Bank Secrecy Act.
BSA/AML Financial Crimes Regulation
Documents embodying rules and regulations pertaining to money laundering, terrorist financing and violations of the Bank Secrecy Act.
BSA/AML Financial Crimes Notices
Documents published to notify the public on regulatory updates related to pertaining to money laundering, terrorist financing and violations of the Bank Secrecy Act.
BSA/AML Financial Crimes Research
Document issued by an agency, entity or organization to communicate relevant research findings, discussions, views, reports and policy change suggestions pertaining to money laundering, terrorist financing and violations of the Bank Secrecy Act.
BSA/AML OFAC Press Release
Documents published by the OFAC delivering an official statement to members of the news media for the purpose of providing information, an official statement, or making an announcement in relation to the regulation of economic and trade sanctions imposed by the U.S. against countries and groups of individuals.
BSA/AML FDIC Guidance
Documents published by FDIC to help explain its programs and policies and communicate other important information to regulated entities and the public regarding protecting consumers’ deposits in the event a financial institution such as a bank or savings association fails.
BSA/AML FDIC Updates
Documents published by FDIC to notify all persons and entities on matters that concern the regulation and administration of consumers’ deposits in the event a financial institution such as a bank or savings association fails.
BSA/AML FDIC News
Documents that comprise of FDIC news updates in relation to protection of consumers’ deposits in the event a financial institution such as a bank or savings association fails.
BSA/AML FDIC Regulations
Documents published by FDIC embodying rules and in relation to protecting consumers’ deposits in the event a financial institution such as a bank or savings association fails.
Consumer Privacy Data Security
Involves handling and protection of the sensitive personal information provided by customers in the course of everyday transactions. Data Security protects data from compromise by external attackers and malicious insiders.
Consumer Privacy Disclosure
Financial institutions must notify their customers about their information-sharing practices and tell consumers of their right to “opt-out” if they don’t want their information shared with certain nonaffiliated third parties. In addition, any entity that receives consumer financial information from a financial institution may be restricted in its reuse and redisclosure of such information.
Consumer Privacy Privacy Notice
A privacy notice is a public document from an organization that explains how that organization collects, processes, retains and discloses personal information and how it applies data protection principles.
Corporate Compliance Bank Holding Companies
Provides guidance for conducting inspections of bank holding companies and their non-bank subsidiaries to ascertain whether financial strength of the bank holding company is being maintained and to determine effects of transactions between holding company or its non-banking subsidiaries and its subsidiary banks.
Corporate Compliance Compliance Management
Compliance management ensures that an organization’s policies and procedures align with a specific set of rules based on legal, regulatory, and industry standards. Effective corporate compliance management covers internal policies and rules and federal and state laws.
Corporate Compliance Fair Banking
Laws and regulations pertaining to the prohibition of discrimination in credit transactions and fair access to banking.
Corporate Compliance Escrow
The law requires most creditors to maintain an escrow account for higher-priced mortgage loans. Usually, State law determines the required escrow documentation and law, but if Federally regulated financial institutions are involved, Federal law can apply and also as to transactions involving interstate commerce.
Corporate Compliance Annual Thresholds
Annual Threshold means the actual annual aggregate requirements of a company, as reflected by the company’s records of the number of product units ordered from vendors, or manufactured by the company itself, during the calendar year.
Corporate Compliance Exemptions and Regulations
Includes rules, regulations and policy updates for certain temporary relaxations towards corporate compliance requirements.
Corporate Compliance DOL Rule
Documents published by the DOC promulgating rules to foster, promote, and develop the welfare of wage earners, job seekers, and retirees of the United States and improve working conditions, advance opportunities for profitable employment and assure work-related benefits and rights.
COVID-19 Eviction
In light of COVID-19, eviction rules have been modified in the United States to help prevent the spread of coronavirus.
COVID-19 Appraisal
In light of COVID-19, financial institutions have had difficulties obtaining appraisals for real estate, extensions of credit or changes to existing note terms. Governments have swiftly responded with an array of measures to alleviate the negative consequences of the crisis for tenants, borrowers, builders and lenders.
COVID-19 Forbearance
Forbearance is when the mortgage servicer or lender allows to temporarily pay the mortgage at a lower payment or pause mortgage payment. Due to the coronavirus pandemic, many homeowners are struggling to make mortgage payments as a result of which majority of homeowners are eligible for forbearance for a coronavirus-related financial hardship.
COVID-19 Foreclosure
In light of COVID-19, regulations have been passed making it mandatory for loan servicers to enhance their efforts to help homeowners affected by the pandemic. These rules ensure that borrowers get a chance to pursue loss mitigation options to avoid foreclosure and allows servicers to offer assistance to borrowers faster. A few states have passed new foreclosure laws to help homeowners avoid foreclosure.
COVID-19 Eviction Notice
Documents published to notify the public on regulatory updates related to modified eviction rules in the United States during the coronavirus pandemic.
COVID-19 Eviction Regulations
Documents embodying rules pertaining to the regulation of eviction rules in the United States during the coronavirus pandemic.
Credit Card Credit Reporting
Credit reports play a pivotal role in decisions to grant credit – including mortgage loans, auto loans, credit cards, and private student loans including by information contained in credit reports as part of the lending decision. These reports are also used in other spheres of decision-making, including eligibility for rental housing, setting premiums for auto and homeowners insurance etc. As the range and frequency of decisions that rely on credit reports have increased, so has the importance of assuring the accuracy of these reports.
Deposits Overdrafts
An overdraft occurs when an account lacks the funds to cover a withdrawal, but the bank allows the transaction to go through anyway. The overdraft allows the customer to continue paying bills even when there is insufficient money. Essentially, it’s an extension of credit and the account holder pays interest on it and will typically be charged a one-time insufficient funds fee.
FCPA/ABAC OFAC Notices
Documents published by the OFAC to notify the public on regulatory updates pertaining to economic and trade sanctions imposed by the U.S. against countries and groups of individuals.
FCPA/ABAC OFAC Rules
Documents published by the OFAC promulgating rules for the regulation of economic and trade sanctions imposed by the U.S. against countries and groups of individuals.
FCPA/ABAC FTC Notices
Documents published by the FTC to notify the public on regulatory updates pertaining to enforcement of federal consumer protection laws that prevent fraud, deception and unfair business practices.
FCPA/ABAC FTC Regulations
Documents emodying rules and regulations formulated by the FTC to enforce federal consumer protection laws that prevent fraud, deception and unfair business practices.
FinTech FinTech
The synergy between finance and technology that aims to compete with traditional financial methods in the delivery of financial services. FinTech is an emerging industry that uses technology to improve activities in finance.
FinTech FinTech General Purposes
Fintech can take the form of software, a service, or a business that provides technologically advanced ways to make financial processes more efficient by disrupting traditional methods. Some of the most prominent applications of FinTech are mobile payments, automated investment apps (Robo-advisors), cryptocurrency, online lending businesses, and crowdfunding platforms.
FinTech Agency Updates
Documents published by relevant agencies to notify all persons and entities on matters that concern the regulation and administration of the FinTech industry.
FinTech Regulations
FinTech is regulated both at federal and state level. FinTech offerings are subject to extensive product-level regulation by the federal government and individual states. FinTech entities are also subject to licensing and chatering regimes at the federal level and on a state-to-state basis which collectively determine how firms are supervised by regulatory authorities. Certain key regulations applicable to the FinTech industry include but are not limited to BSA/AML reforms, state credit and money trasmitter laws, cryptocurrency regulations formulated by the SEC, CFTC and FinCEN.
FinTech Notices
Documents issued to notify the public on matters pertaining to the delivery of financial services through technology and innovation in the FinTech industry.
FinTech Data Security
Fintech companies are increasingly involved in mobile transfers, electronic payments systems, end-to-end user systems, and cryptocurrency trading, which carries significant security risks. Thus, both legal and technological requirements are essential to protect customers’ data and privacy.
FinTech FinTech News
Documents that comprise of news updates pertaining to the delivery of financial services through technology and innovation in the FinTech industry.
Homeowners Insurance Insurance Policy
Homeowners insurance is a package policy that covers both damage to property and liability or legal responsibility for any injuries and property damage policyholders or their families cause to other people. The different types of homeowners policies are fairly standard throughout the country, however, individual states and companies may offer policies that are slightly different. It includes but is not limited to damage from fire, smoke, theft, vandalism, a falling tree, or damage caused by weather. Most standard homeowners insurance policies also cover furniture, clothing, and other possessions.
Homeowners Insurance Claims
Documents comprising of rules, coverage and claim procedures followed by insurance companies to determine the settlement or reimbursement to homeowners.
Homeowners Insurance Fraud
Takes place when a false, inflated or misrepresented claim is submitted on a homeowners or renters policy for financial gain.
Homeowners Insurance Consumer Complaints
Documents pertaining to consumer complaint reports, bureau reports and member policies for homeowners insurance.
Homeowners Insurance Loss
Refers to the basis of a claim for damages under the terms of a policy. Includes loss of assets resulting from a pure risk. The broadly classified types of losses of concern to risk managers include personnel loss, property loss, time element loss, and legal liability loss.
Homeowners Insurance Rates
Legislation and regulations pertaining to ratemaking and pricing standards; restrictions on rating and pricing factors that may be used in rating and pricing; insurance rating based on the geographical location; use of geo-demographic variables or data; non-binary gender; rate capping, stability and transition rating rules and restrictions; include all P&C lines.
Homeowners Insurance Privacy
Given the significant amount of sensitive personal information that insurers collect, process and retain, there is increased privacy and data security regulation within the insurance industry adopted by states. To stay ahead of these new privacy and data security requirements, insurers need to take steps to navigate the increasingly complex regulatory landscape.
Insurance Insurance
Insurance is a contract, represented by a policy, in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.
Insurance Insurance Broker
An insurance broker is a professional who represents consumers in their search for the best policy for their needs. Brokers work closely with their clients to research the client’s needs.
Insurance Appraisals
The valuation of property performed by a third party for accessing the coverage amount for protection of assets and also helps insurer compensate the insured the replacement value of assets.
Insurance Flood Insurance
Relying on federal disaster aid after a flood is not a good financial plan since disaster aid can take many months, and isn’t offered after every flood. The National Flood Insurance Program (NFIP), administered by FEMA, provides the bulk of residential flood coverage in the U.S. Though the insurance is underwritten by the federal government, it can be purchased through most insurance agents who sell homeowners insurance.
Insurance FEMA Rules
Documents published by FEMA promulgating rules in relating to coordinating the federal government’s role in preparing for, preventing, mitigating the effects of, responding to, and recovering from all domestic disasters, whether natural or man-made, including acts of terror.
Investment Advisor Registered Investment Advisors
Refers to a person or firm who advises high-net-worth individuals on investments and manages their portfolios. RIAs have a fiduciary duty to their clients, which means they have a fundamental obligation to provide investment advice that always acts in their clients’ best interests. As a buy-side investment service and fiduciary, RIAs must register with the SEC and state regulatory agencies. RIAs usually earn their revenue through a management fee comprised of a percentage of assets held for a client.
Investment Advisor Crypto Coin Regulations Documents embodying rules and regulations pertaining to the regulation of cryptocurrencies.
Investment Advisor Crypto Coin Agency Updates
Documents published by agencies that regulate cryptocurrencies to notify all persons and entities on matters that concern the administration of such cryptocurrencies.
Investment Advisor Crypto Coin Publications Documents issued to communicate relevant information regarding cryptocurrencies to the public.
Investment Advisor SEC ETFs Investor Alerts
Exchange-traded funds (ETFs) are SEC-registered investment companies that offer investors a way to pool their money in a fund that invests in stocks, bonds, or other assets. In return, investors receive an interest in the fund. Includes investor alerts, focused on recent investment frauds and scams, and Investor Bulletins, focused on topical issues including recent Commission actions, which are provided as a service to investors.
Investment Advisor SEC ETFs Regulations
Documents issued formulating rules and regulations pertaining to Exchange-traded funds (ETFs) which are SEC-registered investment companies that offer investors a way to pool their money in a fund that invests in stocks, bonds, or other assets. In return, investors receive an interest in the fund.
Investment Advisor NYSE ETFs Investor Notice Update
Documents issued by NYSE to communicate with market participants in relation to trading of stocks on the exchange.
Investment Advisor FINRA Investor Notices
Includes investor alerts focused on recent investment frauds and scams, and Investor Bulletins, focused on topical issues including recent Commission actions, provided as a service to investors.
Investment Advisor NASDAQ Investor Notices
Documents published by the NASDAQ to notify the public on failure to comply with regulations and requirements set forth for buying and selling of securities. Includes deficiency notices for a company’s failure to file periodic reports by dates specified by the Securities and Exchange Commission, delisting notice for failure to comply with the minimum requirements during the first grace period or any second grace period.
Investment Advisor CME Investor Enforcements
Documents relating to settlement orders or disciplinary orders passed by the CME market regulation enforcement team in its attempts to resolve rule violations through a disciplinary process.
Investment Advisor CME Investor News
Documents that comprise of CME news updates pertaining to updates in the exchange for trading futures and options markets.
Investment Advisor CFTC Notices
Documents published by the CFTC to notify the public on regulatory updates related to the regulation of the derivatives markets, including futures contracts, options, and swaps, in the United States.
Investment Advisor CFTC Rules
Documents published by CFTC promulgating rules for the regulation of the derivatives markets, including futures contracts, options, and swaps, in the United States.
Investment Advisor CFTC News
Documents that comprise of CFTC news updates pertaining to regulation of the derivatives markets, including futures contracts, options, and swaps, in the United States.
Investment Advisor CME News
Documents that comprise of all news updates pertaining to CME in relation to exchange for trading futures and options markets..
Investment Advisor DOC Notice
Documents published by the DOC to notify the public on updates related to economic and demographic data for business and government decision making, and helping to set industrial standards.
Investment Advisor DOC Rules
Documents published by the DOC promulgating rules for the regulation concering with economic and demographic data for business and government decision making, and helping to set industrial standards.
Lending Credit Reporting
Credit reports play a pivotal role in decisions to grant credit – including mortgage loans, auto loans, credit cards, and private student loans including by information contained in credit reports as part of the lending decision. These reports are also used in other spheres of decision-making, including eligibility for rental housing, setting premiums for auto and homeowners insurance etc. As the range and frequency of decisions that rely on credit reports have increased, so has the importance of assuring the accuracy of these reports.
Lending Disaster Recovery
Disaster recovery is a subset of business continuity. It involves a set of policies, tools and procedures to enable the recovery or continuation of vital technology infrastructure and systems following a natural or human-induced disaster. An effective disaster recovery plan for a financial institution needs to ensure not only business continuity but also the protection of sensitive data.
Lending Flood Insurance
Flood insurance is often required by mortgage lenders when properties are located in federally designated high-risk flood zones or floodplains. Flood insurance is a separate policy from homeowners insurance, which doesn’t typically cover damage or destruction by floods.
Lending Credit Notices
A written notice from a lender to the borrower relating to an occurrence of an event of default. Consists of documents pertaining to credit reports, proposed rules regarding collection activities, privacy requirements for recording keeping etc.
Lending Credit Regulations
Document relating to rules embodied under federal and state statutes to protect consumers and provide guidelines for the credit industry. The purpose of these regulations is to promote the availability of credit to all creditworthy applicants without regard to race, color, religion, national origin, sex, marital status, or age.
Lending CFPB Guidance
Document issued by the CFPB that set outs a statement or plan by which to determine a course of action to ensure all consumers have access to markets for consumer financial products and services that are fair, transparent and competitive.
Lending CFPB Rules
Document published by CFPB promulgating rules and regulations pertaining to policy decisions, guidelines and orders to ensure all consumers have access to markets for consumer financial products and services that are fair, transparent and competitive.
Lending CFPB News
Documents that comprise of CFPB news updates pertaining to policy decisions, guidelines and rules to ensure all consumers have access to markets for consumer financial products and services that are fair, transparent and competitive.
Lending CSBS Rules
Documents published by CSBS promulgating rules and regulations pertaining to policy decisions, guidelines and orders to ensure safety, soundness, and consumer protection in banking and financial services.
Lending CSBS News
Documents that comprise of CSBS news updates pertaining to policy decisions, guidelines and rules to ensure safety, soundness, and consumer protection in banking and financial services.
Lending Fannie News
Documents that comprise of news updates from Fannie Mae pertaining to policy decisions, guidelines and rules regarding home mortgage credit on the secondary market.
Lending FAR Rules
Documents published by FAR promulgating set of rules regarding federal government procurement in the United States.
Lending Fannie Guidance
Documents published by Fannie Mae to help explain its programs and policies and communicate other important information to regulated entities and the public regarding home mortgage credit on the secondary market.
Licensing Collection Agency
Many states license debt collection agencies to protect the public from abusive practices and to create minimum standards of operation. Licenses are generally required when an agency plans to collect debts from residents of a state. Each state may have different laws and requirements in this regard.
Licensing Debt Management
The management of debt is a growing industry. State regulators have responded by expanding debt management licensure requirements or creating new license requirements for debt management companies.
Licensing Insurance
Each state sets its own requirement for lines of authority, different types of insurance you might sell as an agent. Insurance law in different states might classify life insurance, accident and health insurance, property insurance and casualty insurance as separate lines of authority. Insurance licenses for each line are separate, unless the state allows to bundle some of them together.
Licensing Insurance Broker
Insurance brokers are licensed insurance professionals representing consumers in their search for the best policy for their needs
Licensing Investment Advisor
Refers to financial professionals that make investment recommendations or conducts securities analysis in return for a fee, whether through direct management of clients’ assets or by way of written publications.
Licensing Money Service
Includes businesses that transmit or convert money, in one or more of the capacities including but not limited to currency dealers or exchangers, check casher, issuer of traveler’s checks, money orders or stored value, seller or redeemer of traveler’s checks, money orders or stored value, money transmitter, U.S. Postal Service. It encompass not only banks but also includes non-bank financial institutions.
Licensing Title Insurance Agent/Agency
A title insurance agent/agency is hired at the beginning of the transaction to conduct a review of the public records to locate any claims against the property, such as tax liens and judgments. The title insurance agent/agency also verifies whether such liens are still active and what needs to be done to clear the liens.
Licensing Insurance Policy
Insurance policy is a contract between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy language.
Mortgage Lending Appraisals Real estate appraisals are used whenever a mortgage is involved in buying, selling or refinancing a property.
Mortgage Lending Credit Reporting
Credit reports play a pivotal role in decisions to grant credit – including mortgage loans, auto loans, credit cards, and private student loans including by information contained in credit reports as part of the lending decision. These reports are also used in other spheres of decision-making, including eligibility for rental housing, setting premiums for auto and homeowners insurance etc. As the range and frequency of decisions that rely on credit reports have increased, so has the importance of assuring the accuracy of these reports.
Mortgage Lending Disaster Recovery
Disaster recovery is a subset of business continuity. It involves a set of policies, tools and procedures to enable the recovery or continuation of vital technology infrastructure and systems following a natural or human-induced disaster. An effective disaster recovery plan for a financial institution needs to ensure not only business continuity but also the protection of sensitive data.
Mortgage Lending Disclosure
Lenders must provide a Truth in Lending disclosure statement that includes information about the amount of loan, the annual percentage rate, finance charges (including application fees, late charges, prepayment penalties), a payment schedule and the total repayment amount over the lifetime of the loan.
Mortgage Lending Licensing
Refers to license required by an entity making a mortgage loan for compensation or gain, directly or indirectly, or selling or offering to sell a mortgage loan to a non-institutional investor.
Mortgage Lending Advertising
This includes regulation of information and commercial communications in the mortgage industry relating to mortgage credit products shared by lenders, realtors, licensees, and contractors such as information about rates, programs, terms, financing etc.
Mortgage Lending Mortgage Assistance and Relief
The Federal Trade Commission (FTC), has issued a Rule to curb unfair and deceptive practices associated with mortgage assistance relief services. The Rule makes it illegal to charge upfront fees and requires specific disclosures in ads and recordkeeping requirements on companies and individuals.
Mortgage Lending Foreclosure
Foreclosure is a legal process by which a lender attempts to recover the amount owed on a defaulted loan by taking ownership of the mortgaged property and selling it. It usually occurs when a homeowner is no longer able to make mortgage payments as required or when the borrower fails to meet other terms in the mortgage document.
Mortgage Lending Mortgage Broker Registration
In order to operate a mortgage brokerage business, the mortgage broker must be licensed. The licensing and registration requirements differ from state to state. Includes rules, procedures and licensing requirements in different states.
Mortgage Lending Mortgage Insurance
An insurance policy which protects a lender or titleholder by compensating lenders or investors in mortgage-backed securities for losses due to the default of a mortgage loan including if the borrower defaults on payments, passes away, or is otherwise unable to meet the contractual obligations of the mortgage.
Mortgage Lending Transactions Regulations
Includes credit transactions (loan or credit sale) that is or will be used by the debtor primarily for personal, family, or household purposes and is secured by a mortgage, or other equivalent consensual security interest on a dwelling or residential real estate.
Mortgage Lending Disclosure Regulations
Documents pertaining to rules laid down for lenders to provide a disclosure statement that includes information about the amount of loan, the annual percentage rate, finance charges (including application fees, late charges, prepayment penalties), a payment schedule and the total repayment amount over the lifetime of the loan.
Mortgage Lending Foreclosure Notices
Foreclosure action is initiated by a written public notice issued by the lender. If the mortgagor still unable to bring the loan up to date, the mortgage company may go through with foreclosure proceedings, after which it can sell the property to pay down the balance of the loan.
Mortgage Lending Foreclosure Regulations
Documents issued formulating rules and regulations in relation to foreclosure proceedings upon default of mortgage payments.
Mortgage Lending FHA Updates
Documents published by FHA to notify all persons and entities on matters that concern the regulation and administration of mortgage insurance to FHA-approved lenders meeting specific qualifications.
Mortgage Lending FHFA Updates
Documents published by FHFA to notify all persons and entities on matters that concern the regulation and administration of the secondary mortgage market. The FHFA regulates Fannie Mae and Freddie Mac, the two largest government-sponsored mortgage enterprises.
Operational Reporting Requirements
All industries have to comply with national and/or international financial reporting requirements depending upon the reporting regime they come under.This includes not only financial reporting requirements but also tight deadlines to provide reporting to regulatory agencies, debt holders, investors, and other key stakeholders. Timely financial reports provide insight for investors, creditors and other stakeholders to get an idea of the company’s creditworthiness and financial integrity. This helps them make rational decisions on lending or investing in the company.
Operational Marketing/Advertising
Legislation and regulations pertaining to advertising, marketing, and telemarketing by insurance companies; Includes Do Not Call programs – state or federal programs permitting individuals to opt out of receiving phone call, emails or faxes under certain circumstances; Restrictions on when companies are permitted to call or contact customers or prospects.
Operational Employment/HR
Documents relating to rules, regulations, guidelines, agency updates, news updates in relation to human resources.
Operational Risk
Includes the risk of loss resulting from loss due to errors, breaches, interruptions or damages, either intentional or accidental, caused by people, internal processes, systems or external events. Financial risk includes credit risk, market risk and liquidity risk.
Operational Vulnerable Person Abuse
Includes the financial abuse of older and vulnerable adults can drain estates of assets and prevent beneficiaries under wills and trusts from receiving their inheritance. This includes having money or other property stolen, being defrauded, being put under pressure in relation to money or other property and having money or other property misused.
Operational Risk Management Legislation
Documents with a set of rules and regulations that are indispensable and must be followed pertaining to management of operational and financial risk by institutions by the process of identifying, assessing and controlling threats to an organization’s capital and earnings. These risks stem from a variety of sources including financial uncertainties, legal liabilities, technology issues, strategic management errors, accidents and natural disasters.
Operational Risk Management Publications
Documents issued by relevant agencies, entities or organizations to communicate relevant information to the public pertaining to management of operational and financial risk by institutions including but not limited to risk of loss due to errors, breaches, interruptions or damages, credit risk, market risk and liquidity risk.
Operational EBSA Rules Updates
Documents published by the EBSA updating all persons concerned regarding its rules governing the conduct of plan managers, investment of plan assets, reporting and disclosure of plan information, fiduciary provisions of the law, and workers’ benefit rights.
Operational EEOC Rules
Documents published by the EEOC regarding rules and regulations for enforcing federal laws regarding discrimination or harassment against a job applicant or an employee in the United States.
Operational ETA Rules
Documents published by the ETA, U.S Department of Labour regarding rules and regulations for administering federal government job training and worker dislocation programs, federal grants to states for public employment service programs, and unemployment insurance benefits.
Privacy Internet Privacy Legistation
Laws and regulations pertaining to the vast range of technologies, protocols and concepts related to giving individual users or other parties more privacy protections in their use of the internet. Internet privacy takes many forms, including mandatory privacy statements on websites, data sharing controls, data transparency initiatives and more.
Privacy Internet Privacy Publications
Documents issued by relevant agencies, entities or organizations to communicate relevant information to the public pertaining to giving individual users or other parties more privacy protections in their use of the internet. It covers the amount of online security available for personal and financial data, communications, and preferences.
Securities Registered Investment Advisors
The SEC regulates investment advisers, primarily under the Investment Advisers Act, and the rules adopted under that statute. One of the central elements of the regulatory program is the requirement that a person or firm meeting the definition of “investment adviser” under the Advisers Act register with the Commission, unless exempt or prohibited from registration. Under the statute generally only larger advisers that have $25 million or more of assets under management or that provide advice to investment company clients are permitted to register with the Commission. Smaller advisers register under state law with state securities authorities.
Securities Insiders
Insider is a term describing a director or senior officer of a publicly traded company, as well as any person or entity, that beneficially owns more than 10% of a company’s voting shares.
Trusts Vulnerable Person Abuse
It includes illegal or improper use of a person with a disability’s money, property, or other resources for monetary or personal benefit, profit or gain.This includes, but is not limited to, theft, misappropriation, concealment, misuse or fraudulent deprivation of money or property belonging to the elderly or adult with a disability including but not limited to incapacity, mental illness, mental deficiency, physical illness or disability, advanced age, chronic use of drugs, chronic intoxication, or confinement is unable to meet their own needs. The financial abuse of older and vulnerable adults can drain estates of assets and prevent beneficiaries under wills and trusts from receiving their inheritance. This includes having money or other property stolen, being defrauded, being put under pressure in relation to money or other property and having money or other property misused.
Trusts Revocable/Irrevocable Trusts
Trusts are revocable by default unless expressly stated otherwise. Generally, an irrevocable trust cannot be modified or revoked by the settlor after its creation. A revocable trust becomes irrevocable upon the death or incapacity of the settlor.
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