Truth-In-Lending Manual: Text and Forms

Author: Ralph C. Clontz, Jr, Esq. and James H. Pannabecker, Esq.
Price: $499
Plus shipping and handling.
Sales Tax: for NY, TX, DC orders only.
Format: 3-Ring Binder w/ CD
Frequency: 3 updates annually

About Your Subscription

You can review this product for 30 days. Your annual subscription includes published updates at no additional charge for the 12 month subscription period. At least 3 updates are expected. If you cancel your subscription within 30 days of receipt, you will receive a full credit upon return of the product together with a request for cancellation.

Table of Contents How to Use This Book Implementation Guide Index Table of Cases Highlights of Our Latest Update Table of Regulatory Citations
Look Inside This Book!*
*Requires Adobe Acrobat Reader

On January 29, 2009, the Federal Reserve Board published comprehensive revisions to Regulation Z. These changes will impact all issuers of credit cards.

And that’s just the beginning! Congress and the Federal Reserve Board are continuing to fine tune the Truth-In-Lending Act, Regulation Z, Regulation M, and the Official Staff commentary in an effort to balance the concerns of consumers with those of the lending community. You must know what to do to comply—and you must keep up-to-date with the ongoing regulatory changes.

For the information and guidance you need to navigate in this shifting regulatory environment, look no further than the newly-revised Truth-in-Lending Manual—your comprehensive, practical guide to Truth-In-Lending, Regulation Z, and Regulation M compliance. This two-volume reference offers clear analysis of the law, practical guidance for complying with regulations, and assistance in drafting forms and developing procedures that comply with truth-in-lending requirements.

The Manual brings you thorough coverage of the massive number of changes affecting credit cards and other open credit, including:

New format requirements for credit and charge card promotional forms, including a requirement that creditors disclose the duration that penalty rates may remain in effect.
New rules for cost disclosures at account opening.
Revisions that require itemizing interest charges for different types of transactions on monthly statements.
Expanded circumstances under which consumers must receive a written notice of changes in the terms applicable to an account.
New provisions that tighten the rules for what you must disclose in your advertising.
Additional provisions that affect how you handle mailed payments and advances that are separately underwritten.

In addition, your Truth-in-Lending Manual gives you:

A useful cross-reference chart that maps out all the compliance requirements of Truth-In-Lending Act and Regulation Z for easy reference
Solid and easy-to-understand discussions of the entire body of Truth-In-Lending Act
More than 100 sample forms and disclosures—chosen from working files of leading banks nationwide
The full text of Regulation Z and Regulation M with related procedures and policies
The Official staff commentary

Order now to receive the help you need for compliance with truth-in-lending requirements!

About the Authors

Original author Ralph C. Clontz, Jr. (1922-2001) was recognized throughout the United States as a leading authority on consumer credit law. He headed a law firm that regularly represented 15 banks, and was a noted consultant to numerous other banks and associates across the country.

James H. Pannabecker writes from Natural Bridge Station, Virginia, focusing on banking law and regulatory compliance. He was formerly a senior vice president and general counsel of Citicorp Mortgage, Inc., where he managed the provision of legal services for the nationwide origination of mortgage loans through Citicorp’s affiliated first mortgage lenders. Before joining Citicorp, Mr. Pannabecker served as in-house counsel to Maryland National Bank, First Virginia Banks, Inc., and First American Mortgage.

Mr. Pannabecker is the author or co-author of numerous publications in the areas of mortgage lending, truth-in-lending, financial privacy, and banking law. These include Mortgage Compliance Update: Solutions for Mortgage Professionals (A.S. Pratt & Sons); The RESPA Manual: A Complete Guide to the Real Estate Settlement Procedures Act (A.S. Pratt & Sons); Mortgage Lending Compliance with Federal and State Guidance (A.S. Pratt & Sons); Model Compliance Manual: A Template for Mortgage Professionals (Sheshunoff Information Services); Mortgage Lending Operations and Administration (Sheshunoff Information Services); and The Truth-in-Lending Manual (A.S. Pratt & Sons). He graduated from the University of North Carolina School of Law in 1978 and has been admitted to practice law in the District of Columbia, Georgia, Maryland, Missouri, North Carolina, and Virginia.