ABA Welcomes CFPB Move on Privacy Notices
ABA and several other trade groups today welcomed the Consumer Financial Protection Bureau’s move to implement recent legislation providing banks...
Compliance and Risk
SBA Proposal Would Streamline Business Loan Programs
The Small Business Administration is issuing a proposed rule amending several regulations relating to the 7(a) and 504 loan programs...
Agencies Propose Simplified Call Report for Smaller Banks
Along lines long urged by ABA, the federal banking agencies today proposed a new, shorter Call Report with simplified instructions...
CFPB Issues Final Rule Amending Mortgage Servicing Rule
The Consumer Financial Protection Bureau today issued a 900-page final rule amending its mortgage servicing rules.
Agencies ‘Strongly Encourage’ Bank Diversity Self-Assessments
The federal banking agencies said today that they are now urging banks to conduct voluntary diversity self-assessments.
Under Criticism, FDIC Amends Exam Appeals Process
The FDIC board today voted to propose amendments to its supervisory guidelines that would expand banks’ rights to appeal exam...
CFPB Proposes Feedback Mechanism for Consumer Complaint Handling
The CFPB today announced plans to change the “dispute” function in its consumer complaint database to allow complainants to take...
CFPB Proposes Amendments to TRID Rule
The Consumer Financial Protection Bureau today proposed certain changes to the TILA-RESPA integrated disclosures, including some advocated by ABA to...
FinCEN Expands Scope of Geographic Targeting Orders
The Financial Crimes Enforcement Network today expanded the scope of its Geographic Targeting Orders temporarily requiring certain U.S. title insurance...
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...
