HUD to Propose Reinstating 2013 ‘Disparate Impact’ Rule
The Department of Housing and Urban Development last week proposed to recodify its 2013 discriminatory effects rule.
Compliance and Risk
Modeling Corporate Credit Climate Risk
Amid discussion by regulators and bankers of climate risk metrics, researchers propose a bottom-up approach for corporate credit climate stress.
Agencies Take Risk-Based Approach to Racial Equity and Fair Lending Oversight
Panel during ABA’s Regulatory Compliance Conference discussed was how the Biden administration’s focus on racial equity could alter agencies’ approach...
Carollo Recognized with Distinguished Service Award
Maureen Carollo, SVP and director of compliance for Great Plains National Bank, received the Distinguished Service Award for compliance during...
Agencies Update BSA/AML Examination Manual
The Federal Financial Institutions Examination Council today released updates to its Bank Secrecy Act/anti-money laundering examination manual. The updates—which do...
ABA Urges CFPB to Provide Guidance on Last-Minute Holiday’s Effects on Mortgage Closing
Despite urgent requests from ABA and others, the Consumer Financial Protection Bureau has thus far indicated to ABA staff that...
Agencies Release 2020 HMDA Data
The Federal Financial Institutions Examination Council today released the 2020 Home Mortgage Disclosure Act data on mortgage lending transactions at...
Artificial Intelligence and the Pursuit of Compliance Program Optimization
For many compliance professionals, manual processes are not adequate to stay current.
CFPB to Restart Military Lending Act Supervision
In a reversal of existing policy, the Consumer Financial Protection Bureau today issued an interpretive rule stating that it has...
FHFA Calls on Congress for Authority to Examine Third-Party Service Providers
In the Federal Housing Finance Agency’s annual report to Congress, the agency requested the authority to examine third-party service providers...
