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ARTICLE · 02 OCTOBER 2015

Nutter Bank Report, September 2015

The Nutter Bank Report is a monthly publication of the firm's Banking and Financial Services Group.

United StatesFinance and Banking

The Nutter Bank Report is a monthly publication of the firm's Banking and Financial Services Group.

Headlines
1. Division of Banks Issues Revised Examination Appeal Process
2. Lender Entitled to Hearing before DOB Issues Enforcement Order, Court Rules
3. Changes Coming to Overtime Exemption Rules for White Collar Workers
4. CFPB Publishes Updated Compliance Guidance for New Mortgage Rules
5. Other Developments: Same Day ACH and Military Lending Act

1. Division of Banks Issues Revised Examination Appeal Process

The Massachusetts Division of Banks has issued a new regulatory bulletin that describes the process for appealing an examination rating. The new Regulatory Bulletin 1.1-106, released on August 31, modifies the appeals process for risk management, financial, consumer protection compliance and Community Reinvestment Act ("CRA") ratings from the appeals process formerly described by Regulatory Bulletin 1.1-101. According to the new bulletin, the

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