Cordray Signals ‘Hold-Harmless’ Period for TRID Compliance
Testifying before the House Financial Services Committee today, Consumer Financial Protection Bureau Director Richard Cordray signaled that the bureau and...
Compliance and Risk
N.H. Lawmakers Make Bipartisan Push for TRID Grace Period
The entire New Hampshire congressional delegation -- two Democrats and two Republicans -- on Thursday wrote to Consumer Financial Protection...
HUDSON CITY BANK PAYS $33 MILLION TO SETTLE REDLINING CLAIMS
On September 30, 2015, the Federal Reserve Board of Governors approved Hudson City's $3.7 billion merger with M&T Bank. The...
FTC Files Amicus Brief Criticizing 11th Circuit’s Interpretation of ‘Debt Collector’ Under FDCPA
The Eleventh Circuit’s ruling creates a circuit split with the Third, Seventh, and Sixth Circuits through which these circuits held...
FFIEC Releases 2014 HMDA Data
The Federal Financial Institutions Examination Council today released the 2014 Home Mortgage Disclosure Act data on mortgage lending transactions at...
ABA FAQs Provide Answers to TRID Questions
With less than two weeks until the TILA-RESPA integrated disclosures take effect on Oct. 3, compliance officers can peruse ABA’s...
When is Free Not Really ‘Free’?
By Carl Pry
CFPB Updates Reg Z Dollar Thresholds
The Consumer Financial Protection Bureau today announced 2016 changes in dollar thresholds for several Regulation Z provisions governed by the...
U.S. Revises Cuba Sanctions Regulations
The Departments of the Treasury and Commerce announced additional revisions to the Cuban Assets Control Regulations (CACR) and Export Administration...
Report: FDIC Role ‘Inconsequential’ to Operation Choke Point
The FDIC played an “inconsequential” role in the Justice Department’s Operation Choke Point, according to a report today from the...
