…and other answers to your compliance questions in the July/August 2020 ABA Regulatory Policy and Compliance Inbox.
The Consumer Financial Protection Bureau today proposed to exempt certain higher-priced mortgage loans from a requirement under Regulation Z to establish escrow accounts for those loans, as required by the S. 2155 regulatory reform law.
The banking agencies today released several new interagency questions and answers on flood insurance compliance, as well as a major reorganization of and certain revisions to pre-existing Q&As.
The Consumer Financial Protection Bureau today released the lists of rural counties and rural or underserved counties that entities can use in 2019 to determine whether they are exempt from certain regulatory requirements.
The Consumer Financial Protection Bureau yesterday updated its rulemaking agenda for the remainder of 2018.
How S. 2155 advances needed changes to real estate lending regulations.
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.
By a 294-129 vote, the House today passed a bipartisan bill that would offer relief for smaller lenders with respect to escrow and servicing practices.
The House Financial Services Committee today advanced eight ABA-backed regulatory reform bills, including several that ABA and the state bankers associations have long championed as part of ABA’s Blueprint for Growth.
In advance of the House Financial Services Committee’s plans to vote on several regulatory reform bills tomorrow and Friday, ABA today sent a memo to committee members outlining the association’s support for 10 bills on the agenda.