ABA Welcomes Congressional Actions on Cybersecurity
ABA is strongly encouraging Congress to move ahead with bills that will enhance America’s cybersecurity.
Browsing: Newsbytes
CFPB Issues Guidance on Housing Counseling Disclosure
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.
ABA Spokespeople Field Nearly 600 Media Calls in First Quarter
In the first quarter, ABA spokespeople fielded 576 media calls and the association appeared in 543 news stories, according to the latest ABA Public Relations Quarterly Report.
Keating Media Appearances Focus on Farm Credit, 2016 Campaign
ABA President and CEO Frank Keating discussed regulatory burden and reforming the Farm Credit System in several local North Dakota and South Dakota radio interviews this week.
NCR Launches New Cloud-Based ATM Software Platform
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.
OCC Combines Guidance on Trade Finance and Services
The OCC today updated its Comptroller’s Handbook guidance on trade finance and services, consolidating three previous booklets issued in 1994, 1998 and 1999.
Labor Department Proposes More Expansive Fiduciary Definition
The Department of Labor today re-proposed a rule redefining who counts as a fiduciary under the Employee Retirement Income Security Act.
House Passes ABA-Backed Points and Fees Bill
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.
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.
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.