The Consumer Financial Protection Bureau today released the lists of rural counties and rural or underserved counties that entities can use in 2018 to determine whether they are exempt from certain regulatory requirements under the bureau’s Ability-to-Repay, escrow, HOEPA and appraisal rules. Lists are available for download as Excel, CSV or PDF files. In addition to the lists, the CFPB also provided a tool that can help bankers determine whether a property is located in a rural or underserved area.
ABA to Senate Banking: Refine Clarity Act’s stablecoin yield language
ABA and a coalition of financial trade associations asked the Senate Banking Committee to refine the proposed payment stablecoin yield language in the Clarity Act, which prohibits crypto platforms from paying interest or yield to bank deposits on...








