Browsing: HELOCs

Compliance and Risk

The Consumer Financial Protection Bureau today issued a final rule making several technical corrections and clarifications to the expanded data collection under Regulation C, which implements the Home Mortgage Disclosure Act, as well as temporarily raising the threshold at which banks are required to report data on home equity lines of credit.

Compliance and Risk

When Do I Need to Provide an Updated Closing Disclosure?  The TILA-RESPA integrated disclosures regulation set forth instances when a corrected closing disclosure and a restart of the three-business-day waiting period are required. Is re-disclosure required when there is a change to the loan amount that does not change the loan product, add a prepayment


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.