In celebration of American Housing Month in June, ABA is offering a number of resources to help bankers promote consumer awareness about their housing options.
ABA yesterday urged the National Federation of Municipal Analysts to remove from its draft recommended best practices a requirement to disclose bank loans to municipalities in advance of loan closing.
ABA President and CEO Frank Keating has been named to Washington Life magazine’s “The Power 100” list.
The Consumer Financial Protection Bureau today issued a report on the 26 million Americans it calls “credit invisible” — those without a history at a major credit reporting bureau — and the 19 million additional Americans whose credit histories are too old or sparse to be accurately scored.
Reps. Steve Pearce (R-N.M.) and Brad Sherman (D-Calif.) on Friday introduced H.R. 2213, which would provide lenders with a temporary safe harbor from enforcement of the rule integrating required mortgage disclosures under the Truth in Lending Act and the Real Estate Settlement Procedures Act.
The Consumer Financial Protection Bureau today issued a set of revised examination procedures to provide guidance on how it will conduct compliance exams for the TILA-RESPA integrated disclosures taking effect Aug. 1.
Following a weak end to 2014, Freddie Mac today posted improved net income of $524 million in the first quarter — although the figure is still down significantly from the $4 billion the company earned in the first quarter of 2014.
The U.S. international trade deficit increased in March, rising to $51.4 billion, up from $35.9 billion in February.
The Non-Manufacturing ISM Report on Business Index was 57.8 in April, up 1.3 points from 56.5 in March.
ABA’s newest grassroots alerts have resulted in more than 2,300 letters to members of Congress urging them to support or co-sponsor several bipartisan bills introduced as part of ABA’s Agenda for America’s Hometown Banks.