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OCC and FDIC address overdraft and NSF fee practices | Ballard Spahr LLP

The OCC has issued a new bulletin and the FDIC has issued new supervisory guidance directed to their supervised institutions to address “authorize positive, settle negative” (APSN). ....

Ballard Spahr , Fees Special , Supervisory Highlights , Acting Comptroller Hsu , Federal Reserve Board , Federal Reserve ,

How we're helping clients respond to the CFPB's "junk fees" rhetoric | Ballard Spahr LLP

I am very tired of the Biden Administration’s, most notably the CFPB’s, inflammatory rhetoric about “junk fees.” In its recent “Junk Fees Special Edition” of Supervisory Highlights,. ....

Biden Administration , Ballard Spahr , Fees Special , Supervisory Highlights , Truth In Lending Act ,

CFPB announces changes to semi-annual survey of credit card terms | Ballard Spahr LLP

The CFPB has announced that it has made changes to its semi-annual survey of credit card term.  According to the CFPB, the changes are “designed to increase price competition in the. ....

Ballard Spahr , Fair Credit , Charge Card Disclosure Act , Director Martinez , Fees Special , Supervisory Highlights ,