The banking agencies today issued revised examination procedures and exam manual narratives for consumer compliance rules under the Truth in Lending Act and the Real Estate Settlement Procedures Act — primarily related to the Consumer Financial Protection Bureau’s TILA-RESPA integrated disclosures taking effect Aug. 1.
Fed’s Waller seeking ‘middle lane’ on ‘skinny’ master accounts
Federal Reserve Governor Christopher Waller provided an update on the feedback the Fed received about a proposal to create “skinny” accounts for payment services, acknowledging that banks and financial technology firms want conflicting things from the proposed service.









