The Federal Housing Finance Agency extended the comment period on its request for information on how to improve service to borrowers with limited English proficiency, after advocacy by the American Bankers Association and other financial trade associations. The groups requested an extension of the comment period given the complexity of the issue and the need for diverse participation by lenders of all sizes. Comments will now be due July 31.
ABA urges OCC to provide stronger safeguards, clearer rules for charter applicants
As the OCC considers revising its chartering rules, the agency should seek to uphold strong safety and soundness standards, increase transparency in the chartering process, and move cautiously as new regulatory frameworks develop, ABA said. The association also...









