OCC Updates Guidance on RESPA Compliance
The OCC today updated its Comptroller’s Handbook guidance on complying with the Real Estate Settlement Procedures Act and Regulation X.
Newsbytes
This Week: Hearings on Reg Burden, Ex-Im, Housing
Congress returns today from its spring recess and its week ahead includes two hearings on regulatory burden.
Basel Committee Drops ‘Credit Spread Risk’ Plan
The Basel Committee has reportedly dropped its plan for a new capital requirement for “credit spread risk” on loans, bonds...
‘Tax Day’ Ads Spotlight Credit Union Tax Exemption
In recognition of Tax Day, the Financial Education and Advocacy Initiative will run ads Wednesday spotlighting credit unions’ outdated tax...
Employers Can Decide That Physical Presence at Work is an Essential Function
On April 10, 2015, the Sixth Circuit Court of Appeals issued its long-awaited en banc decision in Equal Employment Opportunity...
GOP Members Press Agencies on ‘Choke Point’
Several GOP members of the House Financial Services Committee wrote to leaders of the Federal Reserve, CFPB and OCC to...
Fed Adopts ABA-Advocated Rule Expanding Small Bank Relief
The Federal Reserve yesterday adopted a final rule that expands the regulatory relief provided by its small bank holding company...
CFPB Lawsuit Targets Payment Processors
The Consumer Financial Protection Bureau yesterday announced it had filed a lawsuit against several individuals and companies involved in what...
Fed Declines Basel III Fix for Sub S Banks
Federal Reserve Chairman Janet Yellen yesterday responded to a letter several House members sent last fall urging regulators to resolve...
ABA Urges Changes to CFPB Complaint Narrative Database
ABA President and CEO Frank Keating in a letter yesterday shared members’ concerns about the Consumer Financial Protection Bureau’s recent...
