Major Consumer Lending Laws & Regulations
By Stealthy at 18 October, 2008, 12:24 pm
Below are some of the most important consumer lending laws to be passed.
1934 - Securities & Exchange Act, FRS Regulations T, U, X
1968 - Truth in Lending Act (TILA), FRS Regulation Z
1971 - Fair Credit Reporting Act (amended by the FACT Act, 2003)
1973 - Flood Disaster Protection Act
1974 - Real Estate Settlement Procedures Act (RESPA), HUD Regulation X
Fair Credit Billing Act
Equal Credit Opportunity Act, FRS Regulation B
1975 - Home Mortgage Disclosure Act (HMDA), FRS Regulation C
1976 - Consumer Leasing Act, FRS Regulation M
1977 - Fair Debt Collection Practices Act
Community Reinvestment Act (CRA), FRS Regulation BB
1978 - Financial Institutions Regulatory and Interest Rate Control Act, FRS Regulation O
1982 - Garn-St. Germain Depository Institutions Act
1985 - Credit Practices Rule, FRS Regulation AA
1988 - Fair Credit and Charge Card Disclosure Act
1990 - Americans with Disabilities Act (ADA)
1991 - Telephone Consumer Protection Act
1994 - Riegle Community Development and Regulatory Improvement Act
(Home Ownership and Equity Protection Act)
Telemarketing and Consumer Abuse Protection Act
1995 - OCC Rules on Lending Limits
1996 - Economic Growth and Regulatory Paperwork Reduction Act
1999 - Gramm-Leach-Bliley Act (GLBA)
2001 - Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (USA PATRIOT Act)
2003 - Fair and Accurate Credit Transactions (FACT) Act, FRS Regulation V & FF
Transactions with Affiliates, FRS Regulation W
Servicemembers Civil Relief Act
OCC Rules for Debt Cancellation and Debt Suspension Agreements
2004 - Controlling the Assault of Non-solicited Pornography and Marketing Act (CAN- SPAM Act)
2005 - Bankruptcy Abuse Prevention and Consumer Protection Act
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