Study: Community Banks Persist in Mortgage Servicing
Community financial institutions have expanded their share of the mortgage servicing market since 2008, even as new servicing rules and...
Compliance and Risk
ABA Calls for Changes to Midsize Bank Stress Test Requirements
In a comment letter to federal regulators today, ABA provided recommendations for improving the stress testing process for midsize banks...
Agencies Issue Final Updates to CRA Q&As
The federal banking agencies issued revised questions and answers today on Community Reinvestment Act compliance. In their final guidance, the...
ABA Supports Bill Slowing Overtime Rule Implementation
ABA today wrote to Rep. Kurt Schrader (D-Ore.) in support of his Overtime Reform and Enhancement Act, which would provide...
ABA Continues to Challenge CFPB’s Improper Use of Research Clearance
In a comment letter on Wednesday, ABA continued its challenge of the Consumer Financial Protection Bureau’s improper use of a...
FHFA Listens to Industry Concerns on URLA
ABA staff yesterday participated in a meeting with senior Federal Housing Finance Agency officials and other industry representatives on FHFA’s...
Agencies Begin Accepting Diversity Self-Assessments
The Office of Management and Budget has approved the federal banking agencies’ voluntary diversity self-assessment, the agencies said in a...
Sen. Rounds Introduces ABA, Alliance-Backed Tailored Regulation Bill
Sen. Mike Rounds (R-S.D.) today introduced the TAILOR Act, which would require financial regulators to consider bank risk profiles and...
OCC: Credit, Strategic Risk Leading Issues for Small, Midsize Banks
The OCC is focusing on credit risk and strategic risk as the top risk priorities in its supervision of community...
Fed Formalizes 2017 Extension for Volcker Fund Conformance
The Federal Reserve today formalized the compliance period for the Volcker Rule’s prohibition on ownership interests in legacy covered funds.
