House panel advances ABA-backed bills on trigger leads, other topics
In a memo sent in advance of the markup, ABA noted that H.R. 2808 would “curb the abusive use of...
Newsbytes
ABA’s Nichols: Banking sector seeing positive policy developments
The banking sector has seen many constructive, positive policy developments at the federal level so far this year, and top...
N.Y. Fed: Consumer expectations about household finance improves slightly
Consumers’ recent pessimism about the labor market eased somewhat, while consumer debt delinquency expectations and expectations about households’ financial situation...
Bank survey probes business owners’ views on tariffs
More than 70% of respondents are “very” to “moderately” concerned about the effects of tariffs on their businesses, according to...
Report: Fintech firms show strong fundamentals, growth
According to the report’s analysts, investors are demanding greater maturity, and regulators want more accountability. In addition, fintech firms are...
Mississippi- and Massachusetts-based banks plan mergers
The parent of the $983 million-asset Bank of Commerce applied with the FDIC on June 5 to acquire the $154...
Democrats urge FHFA to pause Fannie and Freddie reprivatization efforts pending greater review
“Given the seismic change this decision represents and the concerns it raises about the stability of our nation’s housing and...
ABA, associations urge House lawmakers to ban abuse of mortgage trigger leads
The bipartisan Homebuyers Privacy Protection Act would amend the Fair Credit Reporting Act to eliminate abusive mortgage “trigger leads,” only...
Trade groups: Financial agencies’ handling of data needs ‘significant reform’
Financial institutions are legally required to share sensitive, proprietary and nonpublic information with their regulators as part of the supervisory...
OCC’s Hood affirms support for federal preemption
Acting Comptroller of the Currency Rodney Hood strongly affirmed the OCC’s continued support for federal preemption of state laws for...
