A majority of bankers — 77 percent — agree that burdensome mortgage regulations continue to have a negative effect on business production, according to ABA’s 25th annual Real Estate Lending Survey released today.
Browsing: Ability to repay and qualified mortgage
ABA and state bankers associations across the country today sent letters to congressional leaders urging the House to pass S. 2155 — the Senate-passed regulatory reform bill — “as soon as possible.”
In a bipartisan 67-31 vote, the Senate tonight passed S. 2155, the bipartisan regulatory reform bill crafted by Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Sens. Jon Tester (D-Mont.), Heidi Heitkamp (D-N.D.), Mark Warner (D-Va.) and Joe Donnelly (D-Ind.).
The House today passed three regulatory reforms supported by the American Bankers Association.
The Consumer Financial Protection Bureau today released the lists of rural counties and rural or underserved counties that entities can use in 2018 to determine whether they are exempt from certain regulatory requirements under the bureau’s Ability-to-Repay, escrow, HOEPA and appraisal rules.
American Bankers Association President and CEO Rob Nichols wrote to Senate leaders today to offer the association’s full-throated support for the S. 2155.
The House today passed two bipartisan regulatory relief bills supported by ABA as part of its Blueprint for Growth.
The House Financial Services Committee today passed a number of ABA-advocated bills.
The American Bankers Association today wrote to members of the House Financial Services Committee in support of several bills scheduled for consideration tomorrow.
ABA today applauded the passage of S. 2155, the bipartisan regulatory reform bill championed by Sen. Mike Crapo (R-Idaho) and a group of moderate Democrats on the committee.