The Consumer Financial Protection Bureau today issued a set of revised examination procedures to provide guidance on how it will conduct compliance exams for the TILA-RESPA integrated disclosures taking effect Aug. 1. The latest updates are to the bureau’s exam procedures for mortgage origination.
Risk leaders must build relationships, credibility and trust at the bank so their input is valued.
Economic activity increased at a slight to moderate pace in eleven of twelve Federal Reserve districts in late May and June, while one district reported no change, the Fed said in its fifth Beige Book report of the...
Congress should enact legislation to better define “unfair, deceptive, or abusive acts or practices” to avoid abuses by future regulators, and to fund the CFPB through congressional appropriation to make it more responsive to elected officials, CFPB Acting...
ABA expressed support for the Federal Communications Commission’s draft proposal to strengthen the Robocall Mitigation Database in a letter sent in advance of a vote on issuing the proposal.
The Producer Price Index for final demand edged down 0.3% in June, seasonally adjusted, according to a U.S. Bureau of Labor Statistics report.
The White House has announced a cybersecurity “clearinghouse” that would coordinate scanning for software vulnerabilities and the distribution of vulnerability patches.
