2008 Articles of Interest

• GETS Pilot Program Announced (3/31/08)
   

• Federal Reserve Banks Modify Schedule for Check Processing Plan (3/31/08)
   

• Fed Publishes Dynamic Maps of Mortgage Conditions (4/08)
   

• Treasury Announces New Regulatory Plan (3/08)
   

• MasterCard Reaches Agreement with TJX (4/2/08)
   

• Durbin Housing Stimulus Legislation Amendment
   

• FTC Settles Data Breach Cases (3/27/08)
   

• Agencies Propose Revisions to Flood Insurance Questions & Answers (3/21/08)
   

• OFHEO Retains Loan Limit (3/27/08)
   

• FBI Reports on "House Stealing" Scheme (3/25/08)
   

• 2008 HUD MFI Family Income Levels Released (3/24/08)
   

• 2007 NJ "Pay to Play" Disclosure Report due March 31, 2008
   

• League to co-sponsor Half Day Accounting Seminar with Financial Managers Society on April 18, 2008 (3/11/08 - Revised)
   

• League to co-sponsor  Seminar on "Class Action Issues Facing Banks and the Financial Services Industry" April 23, 2008 (3/25/08 - Revised)

• Study: Consumers Increasingly Embrace Mobile Phone Commerce with Banking (3/12/08)
   

• FDIC Stresses Importance of Managing Commercial Real Estate Concentrations (3/17/08)
   

• OFHEO, Fannie Mae and Freddie Mac Announce Initiative to Increase Mortgage Market Liquidity (3/19/08)
   

• Taylor Bean & Whitaker sponsor "Mission Possible:  The Great American Government Roadshow - 4/8/08 (3/20/08)
   

• Commercial and Multifamily Mortgage Delinquency Rates Near Record Lows (3/10/08)
   

• Instructors Sought for National Financial Literacy Awareness Month (3/13/08)
   

• FinCEN Releases MSB Registration List (3/08)
   

• Temporary Conforming Loan Limits Released For High-Cost Areas (3/6/08)
   

• Social Security Extends Enrollment Period for CBSV (3/07/08)
   

• Top Banker Concerns: Subprime Crisis and BSA (3/08)
   

• OTS Issues Preemption Letter (2/20/08)
   

• GAO Report Says that Regulators Could Better Ensure that Consumers Have Disclosures Prior to Opening Bank Accounts (1/08)
   

• Federal Reserve Reports Suggest Slow Growth (3/05/08)
   

• Senate Defeats Attempt to Consider Bill that Would Allow Mortgage "Cram Downs" in Bankruptcy Proceedings (2/28/08)
   

• TICIC Is Circulating a Report of Underwriting for Horizon Heights (2/28/08)
   

• Survey Predicts Continued Growth for Commercial and Small Business Lending (2/25/08)
   

• OTS Issues Guidelines for Referrals of Trust Business  (2/20/08)
   

• IRS and FinCEN Co-sponsor MSB Phone Forum (2/22/08)
   

• FFIEC Approves Revisions to Call Report (2/20/08)
   

• Supreme Court Rules That 401(k) Participants Can Sue Plan Administrators (2/20/08)
   

• ABA Survey Shows Community Bank Strategies for Success (2/22/08)
   

• FDIC Offers Information on Deposit Insurance and on Assisting Troubled Borrowers (2/12/08)
   

• NJ Senate Bill 250 - Provides statute of limitations for residential mortgage foreclosures
   

• GAO BSA Report: Increased Use of Exemption Provisions Could Reduce Currency Transaction Reporting While Maintaining Usefulness to Law Enforcement Efforts  (2/08)
   

• REGISTER for Government Relations Summit March 11 - 12
   

• Send a Letter Opposing H.R. 3609
   

• Postal Rates Will Rise May 12th (2/11/08)
   

• Consumer Fraud and ID Theft Complaint Data Released (2/12/08)
   

• ACH Volume Increases in Fourth Quarter 2007 (2/12/08)
   

• FinCEN Releases SAR Activity Review - By the Numbers (2/12/08)
   

• ILC "Loophole" Bill Passes Senate Banking Committee (2/13/08)
   

• Senior Loan Officer Survey Indicates Tightening of Standards and Terms (2/1/08)
   

• SEC Begins Small Business Costs and Benefits Study (2/1/08)
   

• FBI Reports on Subprime and Mortgage Fraud (1/31/08)
   

• IRS Warns of New E-Mail and Telephone Scams (1/30/08)

• Foreclosure Activity Increases 75 Percent in 2007 (1/29/08)
   

• Brownfields Workshop for Bankers (1/29/08)
   

• FinCEN Issues Ruling to Clarify CTR Filing Obligations (1/25/08)
   

• Ronald E. Hermance of Hudson City Named Banker of the Year  (1/14/08)
   

• House Financial Services Committee Agenda for Year Ahead  (1/24/08)
   

• Dodd Discusses Banking Committee Priorities (1/23/08)
   

• New Jersey Saves Week - February 24 to March 2, 2008
   

• Web Seminar - Get the Most from Your ABA - January 24
   

• DOBI Bulletin 08-01: Application of Parity as to Engaging in the Activity of Serving as the Trustee or Custodian of IRAs (1/16/08)
   

• Fed Reports Economic Activity Increased Modestly Between Mid-November Through December (1/16/08)
   

• FHLBB to Propose Homeownership Preservation Subsidy (1/15/08)
   

• Identity Theft Outlook Published by ITAC (1/7/08)
   

• Study Indicates that CRA Deterred Irresponsible Lending (1/7/08)
   

• FinCEN Publishes Ruling (1/4/08)
   

• US Treasury to Launch Prepaid Cards (1/4/08)
   

• Consumer Bankruptcy Trends (1/10/08)
   

• Lindstrom Elected Chairman of FHLBank of NY; Horn Elected Vice Chairman (1/03/08)

2007 Articles of Interest

• Fed Announces Changes to Reg CC Due to Utica Restructuring (12/28/07)
   

• Social Security Administration Announces Consent Based Social Security Number Verification System (12/28/07)
   

• IRS and Treasury Department Issue Proposed Regulations for Pension Protection Act Funding Rules (12/28/07)
   

• OMB Issues Bulletin Updating NJ Metropolitan Statistical Areas and Metropolitan Divisions (11/20/07)
   

• FBI Using Billboards to Broadcast Information on Fugitives (12/26/07)
   

• MBA Survey Results Show Shifts in Mortgage Originations (12/20/07)
   

• FDIC FIL Addresses Lapses in Flood Insurance (12/21/07)
   

• Forbes names Hudson City Bancorp one of America's Best-Managed Companies (12/20/07)
   

• The Federal Reserve announces its holiday schedule for 2008 through 2011 (12/27/07)
   

• President Signs Mortgage Relief Bill (12/20/07)
   

• Federal Reserve Regional Banks Open on December 24th (12/7/07)
   

• Agencies Adjust CRA Asset-Size Threshold for Small and Intermediate Small Institutions (12/18/07)

• FTC Fines Mortgage Company for Tossing Consumers’ Credit Report Information in Unsecured Dumpster (12/18/07)
   

• TJX and Banking Associations Reach Settlement (12/18/07)
   

• DOBI Bulletin 07-24: Workout Arrangements for Residential Mortgage Borrowers (12/18/07)
   

• Fed Issues HOEPA Proposal on Subprime Loans (12/18/07)
   

• FinCEN Encourages Institutions to Subscribe to Email Alerts (12/17/07)
   

• The Senate Approves Two Bills Intended to Assist Subprime Borrowers: (12/17/07)
            FHA Modernization Act of 2007  
            Amendment to H.R. 3648
   

• Fed Adjusts HMDA Exemption Threshold (12/17/07)
   

• Mortgage Bankruptcy Bill Compromise Reached  (12/11/07)
   

• FEMA Issues New Flood Insurance Guidelines Booklet (12/14/07)
   

• Training Available in Money Smart Education Program (12/14/07)
   

• FFIEC Issues Pandemic Guidance (12/13/07)
   

• Fed Finds E-Payments Growing While Number of Check Payments Continues Decline (12/10/07)
   

• President Unveils Program to Help Struggling Homeowners (12/6/07)
   

• Court Upholds Preemption Ruling (12/4/07)
   

• Treasury Lowers Savings Bond Limit (12/4/07)
   

• FASB Issues Business Combinations and Financial Statements Standards (12/4/07)
   

• FDIC Revises IT Exams (12/07)
   

• Paulson Seeks Bond Change to Address Mortgage Crisis (12/3/07)
   

• League Expresses Concern With Garnishment Guidance (11/27/07)
   

• FTC Offers Tutorial for Businesses on Protecting Personal Information (12/3/07)
   

• Bankers Associations Issue Statement About Courts Pronouncement in TJX Lawsuit (11/30/07)
   

• Agencies Issue Proposal for Credit Reporting (11/29/07)
   

• Fed Beige Book (11/28/07)
   

• Attempted Check Fraud Doubles to $12.2 Billion According to ABA Survey (11/27/07)
   

• Conforming Loan Limit Unchanged for 2008 (11/27/07)

• Fed Opens New Consumer Help/Complaint Center (11/27/07)
   

• FTC 2006 Identity Theft Survey (11/07)
   

• NACHA Approves Network Enforcement Rules (11/26/07)
   

• HR 3915
  (Mortgage Reform and Anti-Predatory Lending Act of 2007)
   

• FinCEN Seeks Advisers (11/14/07)
   

• OTS Proposal to Convert from TFR to Call Report (11/07)
   

• Bank Pays $11,000 OFAC CMP (11/2/07)
   

• FTC Announces Law Enforcement Crackdown on Do Not Call Violators (11/7/07)
   

• FDIC Urges Tax Volunteering for CRA Credit (11/6/07)
   

• FRB Announces 2008 Fee Schedule (11/6/07)
   

• Senior Loan Officer Opinion Survey (11/07)
   

• FDIC Approves Implementation of Basel II Capital Rule (11/5/07)
   

• OTS Announces Approval of Final Rule on Basel II (11/1/07)
   

• YouTube Film -Remember Me (10/07)

• The SAR Activity Review – Trends, Tips & Issues (10/07)

• FRB-Third Quarter South Jersey Business Survey (10/07)

• Agencies Issue Final Rules on Affiliate Marketing (10/25/07)
   

• Fed Publishes 5 Tips for Protecting Your Checking Account (10/24/07)
   

• Remarks: James H. Freis, Jr., Director, FinCEN (10/22/07)
   

• Identity Fraud Trends and Patterns(10/07)
   

• FDIC Approves Final Fair Credit Rules (10/16/07)
       Identity Theft Red Flags
       Affiliate Marketing Regulations

• OFHEO Retains Loan Limit (10/16/07)
   

• ACB Members Vote Overwhelmingly To Merge with ABA (10/16/07)

• OCC Comptroller Remarks on Handling Consumer Complaints
   (10/15/07)
   

• Treasury Department Pension Rate Guidance

• SEC Report on Executive Compensation Disclosure (10/9/07)
   

• FDIC Chairman Bair's Remarks on ARMs (10/4/07)
   

• Treasury Seeks Comments on Regulatory Structure (10/11/07)

• Pay to Play Plain Language Outline
   

• FDIC Membership Signage Deadline is November 13, 2007

• District Court Overturns OTS Preemption of Ohio Law (10/1/07)

• Treasury's Go Direct Program

• Financial Literacy Week - October 1-7, 2007
  FINANCIAL PLANNING ASSOCIATION OF NJ

• House Passes Flood Bill (9/27/07)

• League Article: Subprime Lending and the American Dream

• Governor Taps Doria as DCA Commissioner (9/21/07)

• SBA Regulatory Review and Reform Initiative

• Agencies Expand Exam Cycle for Small Institutions (9/21/07)

• FinCEN and OCC Assess BSA Civil Money Penalties Against
  Union Bank of California (9/16/07)

• Data Breach involving State's Bank Accounts in Connecticut
  (9/16/07)
   

• 2007 Amendments to the BSA/AML Examination Manual What Did They Change Now? (9/14/07)
   

• ACB's Board Unanimously Approves Merger Plan with American Bankers Association (9/14/07)

• FEMA Publishes 2007 Edition of Mandatory Purchase of Flood Insurance Guidelines booklet (9-07)
   

• FFIEC Announces Availability of 2006 HMDA Data (9/12/07)
  FRB HMDA Report
   

• FTC Issues Warnings on Deceptive Mortgage Ads (9/12/07)
   

• FDIC Report:  Financial Education Improves Consumer Financial Outlook (9/11/07)
   

• Mortgage Delinquencies Rise for Second Quarter (9/7/07)
   

• Regulatory Concerns Top Ombudsman Report (9/6/07)
   

• Regulators Recommend Loss Mitigation Strategies (9/5/07)
   

• Department of Defense Issues New Credit Rules for Military Personnel (9/4/07)
   

• NJ “Pay-to-Play” Reporting Requirements May Affect Banks
      Legal Alert
      Sample Forms
   

• Indiana Appeals Court on Data Breach Damages:     Customer Must Show Harm (8/31/07)
   

• CHARM Book Deadline October 1 (8/30/07)
   

• Role of Banks in BSA/AML Effort Discussed at Conference (8/28/07)
   

• Federal Agencies Revise BSA/AML Manual (8/24/07)