With less than two weeks until the TILA-RESPA integrated disclosures take effect on Oct. 3, compliance officers can peruse ABA’s FAQ documents on TRID. The members-only FAQs include ABA summaries of the Consumer Financial Protection Bureau’s webinar series on TRID compliance, as well as a recently released FAQ addressing questions not covered in the CFPB webinars.
Bowman calls for ‘system maintenance’ on Fed supervision, rules, applications
The Federal Reserve’s regulations and supervisory process require significant “maintenance” to meet the Fed’s statutory mandate on safe and sound banking, Fed Governor Michelle Bowman said in a major speech at ABA’s Conference for Community Bankers. With a...