What’s on the community bank CEO horizon? M&A, mobile payments, mortgages and more.
Browsing: Compliance and Risk
Case: Texas Department of Housing & Community Affairs, et al. v. Inclusive Communities Project, Inc., et al. Issue: Whether disparate impact claims are cognizable under the Fair Housing Act (FHA). Case Summary: The U.S. Supreme Court ruled that disparate impact claims may be alleged under the FHA. Inclusive Communities Project, Inc. (ICP) brought a disparate
As Consumer Financial Protection Bureau Director Richard Cordray announced last week, the CFPB today issued its formal proposal delaying the effective date of the TILA-RESPA integrated disclosures.
The Consumer Financial Protection Bureau yesterday issued a “Supervisory Highlights” report that outlined several areas of concern its examiners have found related to mortgage origination and servicing, fair lending and debt collection, among other topics.
The federal financial agencies today finalized a rule implementing the mandatory escrow and detached structure requirements in last year’s Homeowner Flood Insurance Affordability Act, which addressed affordability problems in the 2012 Biggert-Waters flood insurance reform law.
ABA’s compliance hotline team addresses adverse action notices, first liens under Reg O, linking on real estate agents’ websites and other hot compliance topics.
Consumer Financial Protection Bureau Director Richard Cordray announced today that the bureau is proposing to push back the effective date of the TILA-RESPA integrated disclosures by two months, from Aug. 1 to Oct. 1, in an effort to avoid closing headaches as the busy fall homebuying season kicks off.
Change management and vendor risk management are key overarching compliance concerns, according to senior regulatory officials at ABA’s Regulatory Compliance Conference today.
Regulators see fair lending risk in small-dollar loan products that allow significant discretion in pricing and underwriting, according to a panel discussion today at ABA’s Regulatory Compliance Conference.