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...
Compliance and Risk
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...
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...
