CFPB Releases Spanish Version of TILA-RESPA Form Guide
The Consumer Financial Protection Bureau yesterday released the Spanish version of “Your Home Loan Toolkit,” intended to help consumers understand...
Compliance and Risk
Four Tips for Threading the Fair Lending Needle
Fair lending today calls for robust compliance management systems that track all products, customer interactions, and variations in pricing or...
TBA Seeks Information from CFPB on Core Processor Queries
The Texas Bankers Association today filed a request under the Freedom of Information Act with the Consumer Financial Protection Bureau...
Weekly Infobyte: Examiners Pressuring Community Banks to Stress Test
One-third of financial institutions report that their examiners have pressured them to start or expand stress testing.
Survey: One in Three Banks Report Stress Test Pressure
One-third of depository institutions have reported receiving pressure by their examiners to conduct stress tests on their portfolios or to...
Pentagon Tightens Loan Rules for Service Members
The Defense Department today issued a final rule tightening restrictions on lending to service members. The rule expands the restrictions...
CFPB Finalizes TRID Delay to Oct. 3
As formally proposed, the Consumer Financial Protection Bureau today finalized Oct. 3 as the new effective date for the TILA-RESPA...
Volcker Rule Takes Effect Today
Today is the effective date of the Volcker Rule. Banks must have their compliance programs in place, and examiners will...
Compliance Officers: Growing Reg Burden Limits Products, Services
Growing regulatory compliance burdens have led nearly half of banks to reduce their offerings of financial products and services, according...
CFPB Launches New Monthly Reports on Consumer Complaints
The CFPB today issued the first in a series of new monthly reports on consumer complaints. The report covers complaint...
