Compliance and Risk
ABA Banker: Rushing TILA-RESPA Integration Poses Risks to Customers
The rush to implement the TILA-RESPA integrated mortgage disclosures on Aug. 1 poses risks to customers, Cindy Lowman told a...
Powell: Fed Tailoring Regs to Minimize Community Bank Impact
Federal Reserve Governor Jerome Powell today acknowledged that many post-financial crisis regulations not aimed at community banks are nonetheless affecting...
CFPB Signals Future Action on Student Loan Servicing
The Consumer Financial Protection Bureau today issued a request for information on various aspects of student loan servicing, signaling a...
ABA Survey: TILA-RESPA Compliance Systems Not Ready
Mortgage bankers preparing for the implementation of the TILA-RESPA integrated disclosures are uncertain that they and their vendors will be...
ABA Seeks Clearer Guidance from FinCEN on Andorra Bank Proposal
In a comment letter filed this week, ABA and the Clearing House expressed their support to the Financial Crimes Enforcement...
Shelby’s Sweeping Financial Reform Bill Would Advance ABA Goals
Senate Banking Committee Chairman Richard Shelby (R-Ala.) today released a draft of a sweeping financial reform bill that would provide...
Curry Encourages Participation in Treasury’s SSBCI Program
Comptroller of the Currency Thomas Curry today encouraged bankers to participate in the Treasury Department’s State Small Business Credit Initiative,...
CFPB Warns Lenders to Consider Section 8 Voucher Income
The Consumer Financial Protection Bureau today issued a bulletin reminding creditors to include income from Section 8 homeownership vouchers when...
