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.
Bank survey gauges small business financial preparedness
Nearly three in four small business owners believe they can withstand revenue shortfalls for only two quarters before becoming concerned about the future of their businesses, according to a recent survey by TD Bank.