Eight financial trades -- including ABA -- today wrote to the Federal Housing Finance Agency requesting that the agency extend the comment period for its request for information on how to improve service to borrowers with limited English proficiency.

The Consumer Financial Protection Bureau today issued policy guidance stating that it does not intend to take supervisory or enforcement action for violations of existing Regulation X or Regulation Z resulting from a servicer’s early compliance with the 2016 final servicing rule for a period of three days before the applicable effective dates.

The number of home loans backed by Fannie Mae and Freddie Mac that are 60 days or more past due or are in the foreclosure process fell 10 percent in the first quarter to the lowest level since 2008.

The majority of American consumers across all age groups -- 60 percent -- say they still prefer to apply in person for a mortgage loan rather than online, according to a new study by ABA.

Government guarantees of mortgage-related assets should be explicit, not implicit, Federal Reserve Vice Chairman Stanley Fischer said in remarks today.

The House Financial Services Committee today approved two bills as part of a legislative package intended to reauthorize the National Flood Insurance Program.

Responding to a request by the Department of Housing and Urban Development for suggestions of outdated or ineffective regulations, ABA and state bankers associations in all 50 states today called for changes to HUD’s rule implementing the Fair Housing Act discriminatory effects standard, calling the rule “outdated and legally wrong.”

While ABA supports the broader legislative effort to reauthorize the National Flood Insurance Program and several specific bills, the association today expressed “grave concerns” over certain provisions in the legislative package that the House Financial Services Committee is set to vote on starting tomorrow.

The Treasury Department tonight issued a 150-page report making dozens of recommendations for how Congress and regulatory agencies can streamline bank regulation in a way that promotes economic growth.

ABA today announced three new Endorsed Solutions at the association’s Regulatory Compliance Conference in Orlando, Fla. The new endorsements, made through ABA’s Corporation for American Banking subsidiary, include TILA-RESPA Integrated Disclosure compliance, compliance management software and website accessibility.