CFPB Invites Public to Listen in to Upcoming Committee Calls
The Consumer Financial Protection Bureau’s Consumer Advisory Board will hold two subcommittee calls in the coming weeks, both of which...
Mortgage
IRS Issues Information Reporting Guidance for Mortgage Insurance Premiums
The Internal Revenue Service on Thursday issued a notice providing guidance to lenders on reporting mortgage insurance premiums treated as...
FHA Offers Additional Relief to Borrowers in Disaster Areas
The Federal Housing Administration today announced a new option that allows FHA-insured homeowners whose homes were damaged by recent natural...
Podcast: How the Appraiser Shortage Harms Rural Communities and Young Farmers
The latest episode of the ABA Banking Journal Podcast tackles the shortage of qualified appraisers -- especially in rural areas,...
New ABA Staff Summary Highlights Mortgage Interest Deduction Issues
The American Bankers Association today published a new staff summary addressing the changes to the treatment of mortgage interest deductibility...
Sens. Sasse, Jones Sign on to Bipartisan Regulatory Reform Bill
Senate Banking Committee members Ben Sasse (R-Neb.) and Doug Jones (D-Ala.) have signed on as co-sponsors of S. 2155, the...
ABA Community Bank Mortgage LLC Renews Agreement with PennyMac
ABA, through its subsidiary ABA Community Bank Mortgage LLC, has renewed its agreement with PennyMac as a secondary market investor.
House Passes ‘Madden Fix,’ TRID Improvement Bills
The House today approved two bipartisan regulatory reform bills backed by ABA as part of its Blueprint for Growth.
Household Debt Jumps in Fourth Quarter of 2017
Outstanding household debt increased by 1.5 percent in the fourth quarter of 2017, rising by $193 billion to land at...
Sens. Cotton, Jones Introduce HVCRE Clarification Bill
Senate Banking Committee members Tom Cotton (R-Ark.) and Doug Jones (D-Ala.) yesterday introduced a bill that would clarify the regulatory...
