We advise on lending regulations generally, and specifically on consumer protection regulations. This practice entails drafting or reviewing forms, policies, processes and procedures for compliance with these protective regulations, including:
- Truth in Lending Act and Reg Z
- Equal Credit Opportunity Act and Reg B
- Community Reinvestment Act
- Fair Credit Reporting Act
- Fair Debt Collection Practices Act
- Oklahoma's version of the Uniform Consumer Credit Code
- National Flood Insurance Program requirements and penalties
- Real Estate Settlement Procedures Act
- Fair Lending
We have represented lenders in negotiations, enforcement actions and litigation arising out of consumer protection obligations. This includes allegations of violation of the Truth-in-Lending Act, claims for rescission of consumer loans, and administrative enforcement of NFIP penalties. See Financial Institutions Litigation.