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The Official Website of the Office of Consumer Affairs & Business Regulation (OCABR)
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  5. 2006 News & Updates

2006 News & Updates

  • AG Reilly, Division of Banks Announce $325 Million Settlement with Ameriquest Mortgage Company

  • Why Interest-Only Mortgages Are Not In All Consumers' Best Interest

  • January 31, 2006 Activity Report

  • 2005 FIS Annual Report Now Available

  • Renewable Solar Loan Initiative RFP

  • 209 CMR 46.00 Community Reinvestment - Emergency Regulations - Submitted on February 28, 2006

  • Debit Card Holders Urged to Verify Recent Transactions

  • February 28, 2006 Activity Report

  • 209 CMR 50.00: Parity with Federal Credit Unions - Proposed Amendments - March 15, 2006

  • QUOTEMEARATE.COM, INC., Houston, TX - Temporary Order to Cease and Desist

  • March 31, 2006 Activity Report

  • 209 CMR 49.00: Insurance Sales By Banks and Credit Unions - Final Version Effective April 21, 2006

  • 209 CMR 50.00: Parity with Federal Credit Unions - Proposed Amendments - Submitted to the House Clerk on April 28, 2006

  • April 28, 2006 Activity Report

  • 209 CMR 38.00: Disclosure of Certain Information and Terms Relative to the Mortgage Application and Approval Process - Proposed Repeal - May 19, 2006

  • 209 CMR 47.00: Parity with Federal or Out-of-State Banks - Proposed Amendments - May 19, 2006

  • State Orders More Payday Lenders to Cease Activity in Massachusetts

  • May 31, 2006 Activity Report

  • Industry Letter Concerning the Massachusetts Debt Collection Statutes, and its Applicability to Debt Buyers, So Called

  • CSBS release on the Development of a National Mortgage Licensing Database (June 8, 2006)

  • FFIEC release on Lessons Learned From Hurricane Katrina (June 15, 2006)

  • June 30, 2006 Activity Report

  • Decision establishing certain maximum dishonored check fees at Massachusetts state-chartered institutions

  • July 31, 2006 Activity Report

  • Comment Period on Regulatory Bulletin 5.1-101 Extended Until Friday, September 8, 2006 - Proposed Revisions to Regulatory Bulletin 5.1-101 Issued for Industry Comment

  • 209 CMR 50.00: Parity with Federal Credit Unions - Final Amendments - Effective August 11, 2006

  • Three Men Arrested in Money Laundering and Drug Scheme, Division Closes Company

  • September 30 Deadline for Debt Buyers to Submit License Application

  • August 31, 2006 Activity Report

  • Emergency Regulations Regarding Prohibited Abusive Acts and Practices 209 CMR 42.00 - Effective September 8, 2006

  • Industry Letter Regarding Reduced Documentation Mortgage Loans, September 8, 2006

  • Division of Banks Cracks Down On Abusive Mortgage Lenders and Brokers

  • Commissioner Antonakes Testifies Before US House on Capital Framework, Commercial Real Estate

  • Consumer Alert: Guidance for a Mortgage Loan Transaction

  • Division of Banks Announces Lastest Actions in Crackdown on Mortgage Fraud

  • Debt Collection - Frequently Asked Questions

  • Industry Letter Regarding Practices Of Debt Collectors And Debt Buyers In The Commonwealth

  • When in Debt Know your Rights

  • Regulatory Relief Bill Gives State Bank System Stronger Voice In Washington

  • CSBS Forms LLC to House National Mortgage Licensing System

  • September 30, 2006 Activity Report

  • Commissioner's Letter - 2006 Annual Asset Assessment

  • Selected Opinion 06-059

    Attorney-at-law Exclusion and Applicability of the Debt Collection Law to Attorneys - October 13, 2006
  • Selected Opinion 06-060

    "Passive" Debt Buyer Exemption from Debt Collector License - October 13, 2006
  • October 31, 2006 Activity Report

  • Industry Letter Regarding Guidance on Nontraditional Mortgage Product Risks

  • Home Smart Website Launched to Assist Home Buyers and Owners

  • 209 CMR 42.00: The Licensing of Mortgage Lenders and Mortgage Brokers -- Final Amendments -- Effective December 1, 2006

  • Holocaust Restitution Fee Waiver Program Launched

  • November 30, 2006 Activity Report

  • December 29, 2006 Activity Report

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