CFPB Proposes Feedback Mechanism for Consumer Complaint Handling
The CFPB today announced plans to change the “dispute” function in its consumer complaint database to allow complainants to take...
Policy
FinCEN Expands Scope of Geographic Targeting Orders
The Financial Crimes Enforcement Network today expanded the scope of its Geographic Targeting Orders temporarily requiring certain U.S. title insurance...
Study: Community Banks Persist in Mortgage Servicing
Community financial institutions have expanded their share of the mortgage servicing market since 2008, even as new servicing rules and...
Senators Urge Tailored Regulations for Community, Regional Banks
A bipartisan group of 70 senators wrote to the Consumer Financial Protection Bureau yesterday, calling on the agency to exempt...
ABA Op-Ed: Efforts to Simplify Basel Could Add Greater Complexity
Regulators’ efforts to simplify Basel III’s already-complex capital requirements could layer on additional complexity as new rules are issued, ABA...
ABA Publishes Staff Analysis of Financial Choice Act
ABA has published a staff analysis of the Financial Choice Act, a nearly 500-page bill introduced by Rep. Jeb Hensarling...
Agencies Issue Final Updates to CRA Q&As
The federal banking agencies issued revised questions and answers today on Community Reinvestment Act compliance. In their final guidance, the...
ABA Supports Bill Slowing Overtime Rule Implementation
ABA today wrote to Rep. Kurt Schrader (D-Ore.) in support of his Overtime Reform and Enhancement Act, which would provide...
ABA Continues to Challenge CFPB’s Improper Use of Research Clearance
In a comment letter on Wednesday, ABA continued its challenge of the Consumer Financial Protection Bureau’s improper use of a...
Obama Nominates Herrera to NCUA Board
President Obama yesterday named John Herrera to a vacant seat on the National Credit Union Administration board. Herrera is currently...
