CFPB Signals Future Action on Student Loan Servicing
The Consumer Financial Protection Bureau today issued a request for information on various aspects of student loan servicing, signaling a...
Compliance and Risk
ABA Survey: TILA-RESPA Compliance Systems Not Ready
Mortgage bankers preparing for the implementation of the TILA-RESPA integrated disclosures are uncertain that they and their vendors will be...
ABA Seeks Clearer Guidance from FinCEN on Andorra Bank Proposal
In a comment letter filed this week, ABA and the Clearing House expressed their support to the Financial Crimes Enforcement...
Shelby’s Sweeping Financial Reform Bill Would Advance ABA Goals
Senate Banking Committee Chairman Richard Shelby (R-Ala.) today released a draft of a sweeping financial reform bill that would provide...
Curry Encourages Participation in Treasury’s SSBCI Program
Comptroller of the Currency Thomas Curry today encouraged bankers to participate in the Treasury Department’s State Small Business Credit Initiative,...
CFPB Warns Lenders to Consider Section 8 Voucher Income
The Consumer Financial Protection Bureau today issued a bulletin reminding creditors to include income from Section 8 homeownership vouchers when...
Individuals Arrested on Fraud, Money Laundering in Multimillion Dollar Drug Scheme
Thirty-two people involved in a racketeering enterprise that spanned from California, Minnesota, Ohio, and Puerto Rico have been arrested on...
CFPB Declines Congressional Appeals for TILA-RESPA Grace Period
In an April 22 letter released today, Consumer Financial Protection Bureau Director Richard Cordray declined congressional appeals to provide a...
OFAC Releases 2014 Terrorist Assets Report
The U.S. Department of the Treasury's Office of Foreign Assets Control recently released its 23rd Terrorist Assets Report.
