Congress Increases Debt Limit for Chapter 12 Bankruptcies
Just prior to going into recess for August, the Senate on Thursday passed an ABA-opposed bill that would significantly raise...
Newsbytes
ABA Opposes Delaware’s Proposed Changes to Trust Company Applications
The American Bankers Association today wrote to Delaware State Bank Commissioner Robert Glen urging him to withdraw a proposal that...
ABA Data Bank: As Share of Disposable Income, Credit Card Debt Holds Steady
As a share of disposable income, credit card credit outstanding (seasonally adjusted) eased 3 basis points to 5.40 percent in...
FHA to Limit Cash-Out Refinances
Noting that FHA endorsements with cash-out refinances have more than tripled since 2013, the Federal Housing Administration moved to reduce...
Credit Card Use Moderates in First Quarter
Credit card use moderated in the first quarter of 2019, according to the American Bankers Association’s latest Credit Card Market...
Illinois Banker Michael Scudder to Lead ABA’s ABC Council
The American Bankers Association today announced that Illinois banker Michael L. Scudder will serve as chairman of its American Bankers...
OCC Announces Reorganization, Creation of New Units
As part of an ongoing effort to ensure efficient operations, the OCC yesterday announced it would consolidate bank supervision support,...
CFPB Announces 2020 Reg Z Dollar Thresholds
The Consumer Financial Protection Bureau announced 2020 changes in dollar thresholds for several Regulation Z provisions governed by the CARD...
Digital Transactions Driving Growth in Debit, Survey Shows
Debit card use and market penetration continued to grow last year, while fraud losses declined, according to Pulse’s debit issuer...
HUD Proposal Would Align ‘Disparate Impact’ Rule with Court Ruling
The Department of Housing and Urban Development will propose a new standard for bringing “disparate impact” claims under the Fair...
