Browsing: Newsbytes

Compliance and Risk

The Consumer Financial Protection Bureau today issued an interpretive rule intended to help lenders comply with the requirement in its mortgage servicing and high-cost mortgage rules to provide a list — shortly after a borrower applies for a mortgage — of Department of Housing and Urban Development-approved housing counselors nearby.

Newsbytes

NCR, a leading provider of consumer transaction technologies, today announced that it is launching a new cloud-based enterprise software platform for ATMs. The software, called Kalpana, runs ATMs remotely on an Android operating system and is designed to reduce costs and increase ATM security.

Mortgage

By a bipartisan 286-140 vote, the House today passed H.R. 685, a bill introduced by Rep. Bill Huizenga (R-Mich.) that would provide needed clarifications on the Qualified Mortgage rule’s points and fees test as part of ABA’s Agenda for America’s Hometown Banks.

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