ABA, State Associations Continue Focus on ADA Website Issues
Over the last month, ABA has been working with state bankers associations to inform members of Congress about the demand...
Compliance and Risk
ABA to CFPB: Objective Definition of ‘Prepaid Account’ Is Necessary
Noting that numerous compliance challenges remain, ABA today welcomed the Consumer Financial Protection Bureau’s proposal to delay the implementation of...
Two Key Factors to Consider in the Updated Servicing Rules
Handling successors in interest and periodic statements for borrowers in bankruptcy can create compliance headaches.
ABA to Treasury: ‘Destabilizing’ Liquidity Standards Need Changes
In response to President Trump’s executive order outlining “core principles” for financial regulation, ABA submitted feedback to the Treasury Department...
Cordray Previews Regulatory Review
As it kicks off its five-year retrospective review of the Dodd-Frank remittance and mortgage rules, the Consumer Financial Protection Bureau...
ABA Survey: Non-QM Lending Fell in 2016 as Banks Grapple with Reg Burden
An overwhelming 95 percent of bankers agreed that regulation has had a negative impact on business production and consumer credit...
New Mortgage Servicing Guide Helps Bankers Navigate Compliance Changes
The CFPB’s recent mortgage servicing rules are the latest addition to the thousands of pages of servicing regulations. To help...
CFPB: Credit Card Complaints Focus Most Often on Billing, Fraud
Billing disputes account for 17 percent of consumer complaints about credit cards, with identity theft and fraud concerns accounting for...
CFPB Proposal Would Harmonize Reg B and C Compliance
The Consumer Financial Protection Bureau issued a proposal on Friday to provide flexibility for lenders around the collection of applicants'...
Rep. Scalise: Regulatory Reform Expected to Move after Health, Tax Reform
Regulatory reform legislation is expected to move in the U.S. House after healthcare reform and tax reform bills are completed,...
