By Evan Sparks
For our May/June 2018 issue, we invited some of America’s leading bankers, financial technologists and experts to look 10 years down the road.
We collected their insights and projections to explore what will characterize the bank experience, customers, employees and CEOs of tomorrow — all with an eye to informing strategic thinking.
Explore this special feature to discover:
The Senate adjourned without holding a final vote on the Clarity Act, punting further action on the bill until at least September.
ABA recommended targeted reforms to the TILA-RESPA Integrated Disclosure framework to reduce unnecessary compliance burdens, improve disclosure accuracy, streamline mortgage closings, and preserve strong consumer protections.
The Federal Housing Administration has released a draft mortgagee letter proposing a Reinstatement Advance Payment Demonstration that would provide a voluntary alternative method for securing partial claim and payment supplement debt. The proposal would eliminate the need for...
The rate for a 30-year fixed-rate mortgage was 6.69% this week. The rate for a 15-year fixed-rate mortgage was 6.01%.
ABA urged lawmakers to support two bills to extend the Terrorism Risk Insurance Program by another seven years, saying that it offers commercial real estate markets and lenders certainty on their investments.
ABA supports requiring stablecoin issuers to comply with the Bank Secrecy Act and sanctions requirements, but proposed rulemaking to establish those standards needs further refinements, the association said in a letter to the FDIC.
