Browsing: ABA news

Compliance and Risk

ABA has updated its staff analyses on the Servicemembers Civil Relief Act compliance and HUD’s Servicemembers Civil Relief Act notice disclosure to incorporate recent statutory reference changes made to the U.S. Code.


In a letter to the Financial Accounting Standards Board today, ABA President and CEO Rob Nichols called for more clarity on the proposed Current Expected Credit Loss accounting standard, highlighting several key concerns that must be addressed before the standard can take effect.


Delinquencies in closed-end loans rose slightly in the third quarter of 2015 amid slower economic growth, according to the ABA Consumer Credit Delinquency Bulletin released today.

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