Overdraft Protection Litigation; RESPA Exam Procedures
Posted by Anthony Demangone
Here's a nice blog post about current litigation trends concerning overdraft protection programs. (Bank Lawyer's Blog.)  At least part of the plaintiff's claims center on the practice of clearing items from highest dollar amount to smallest.  If you have an overdraft protection program, it is well worth a few minutes of your time to read.Â
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Yesterday, I typed the typo of all typos. The SAFE Act registry could be open as soon as January 28, 2011 - not 2010.  A thousand apologies. Â
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Regarding RESPA, the OCC has updated their RESPA exam procedures.  Â
That's it for today. Â I'm still stunned by Alabama's crisp demolition of the Nittany Lions on Saturday.