More than three-quarters of bankers surveyed say that they have experienced delays in loan closings as a result of the TILA-RESPA integrated disclosures that took effect last fall, according to an ABA survey released today.
Browsing: Compliance and Risk
The OCC today issued a bulletin updating the procedure by which banks may respond to potential noncompliance with BSA compliance program requirements or repeat or uncorrected BSA compliance problems.
The OCC on Friday released new guidance on how the agency will assess civil money penalties against national banks, thrifts, service providers and institution-affiliated parties.
Arbitration, mortgages, small business lending and small-dollar loans are among the Consumer Financial Protection Bureau’s policy priorities over the next two years, according to a document released today.
The Consumer Financial Protection Bureau today finalized a policy under which companies may request “no-action” letters indicating that bureau staff have “no present intention” to initiate enforcement or supervisory actions based on a particular product or aspect of a product.
The Government Accountability Office today published a report examining whether information that would be collected under a proposed Remittance Status Verification Act would assist federal agencies’ anti-money laundering efforts.
The OCC today issued an update to the “Installment Lending” section of its Comptroller’s Handbook.
The Consumer Financial Protection Bureau yesterday issued a correction of a typo in the TILA-RESPA integrated disclosures.