Brand Slam Award winner: City National Bank campaign stays nimble
‘This campaign taught us a lot about the importance of agility. We had to adapt our processes to expedite changes, ...
Tag: HELOCs
Compliance question of the month: Must banks provide a homeownership counseling notice to all HELOC applicants?
Compliance QOTM answers question on providing notices to all HELOC applicants.
CFPB Finalizes Reg Z Libor Proposal
As the industry prepares for the discontinuation of Libor, the CFPB today finalized changes to Regulation Z designed to facilitate ...
CFPB: Closed-End Mortgage Loans Increased in 2020
Closed-end mortgage originations increased 65.2% in 2020, driven primarily by an increase in mortgage refinance loans, according to a new ...
Closed-End Delinquencies Drop in Q2, Q3 2020
Consumer credit delinquencies declined in eight out of 11 closed-end loan categories in the second and third quarters of 2020 ...
Can a Bank Lose its Small Servicer Exemption if it Originates Mortgage Loans That It Sells But Still Services?
…and other answers to your compliance questions in the September/October 2020 ABA Regulatory Policy and Compliance Inbox.
Fed Survey: Loan Demand Plummets in Second Quarter
As the U.S. economy dove deeper into recession amid the coronavirus pandemic in the second quarter, more than half of ...
CFPB Proposes Reg Z Changes for Libor Transition
As part of the planned transition away from the London Interbank Offered Rate—which is not guaranteed to be available after ...
Household Debt Increased Ahead of Coronavirus Outbreak
Outstanding household debt increased by 1.1% in the first quarter of 2020, rising by $155 billion to land at $14.3 ...
Banks Ease Standards, Terms for C&I Loans to Large, Midsize Firms
A small net percentage of banks reported easing standards and terms for loans to large and midsize firms in the ...
