OCC Proposes Limits on Qualified Financial Contracts Newsbytes October 3, 2016 The OCC today proposed a rule that would establish restrictions on qualified financial contracts -- such as derivative transactions, repurchase...
ABA Opposes CFPB’s Subjective Rating System for Complaints Compliance and Risk October 3, 2016 The Consumer Financial Protection Bureau’s proposed addition to its consumer complaint database would further erode consumer privacy and foster the...
CFPB Issues Exam Procedures for Military Lending Act Changes Compliance and Risk September 30, 2016 The Consumer Financial Protection Bureau today issued examination procedures for the amendments to the Military Lending Act rule taking effect...
Fed Details Approvals, Withdrawals of Applications Newsbytes September 30, 2016 Seven percent of bank applications in the first half of 2016 -- or 42 out of 625 -- were withdrawn,...
2015 HMDA Data Show Mortgage Originations Up 22 Percent Mortgage September 29, 2016 The Federal Financial Institutions Examination Council today released the 2015 Home Mortgage Disclosure Act data on mortgage lending transactions at...
Visa: EMV-Enabled Merchants Seeing Just Half of Previous Fraud Cybersecurity September 29, 2016 A year after the liability shift for card fraud based on readiness for chip card or EMV capability, merchants that...
CFPB, AmEx Study Finds Savings Incentives Effective Newsbytes September 29, 2016 Providing small financial incentives to save can lead to lasting savings habits, according to a study of American Express prepaid...
Yellen: Agencies Exploring Ways to Reduce Capital, Appraisal Burdens Community Banking September 28, 2016 As part of its response to the recently concluded Economic Growth and Regulatory Paperwork Reduction Act review process, the federal...
Survey: Bank Customers Seek Mortgage, Auto Loan, College Savings Advice Newsbytes September 28, 2016 Two in five Americans say they plan to consult their bank for advice in the next year, with the most...
