ABA compliance experts break down what bankers can expect in 2018.
The American Bankers Association today wrote to members of the House Financial Services Committee in support of several bills scheduled for consideration tomorrow.
In a major win for the industry, the Consumer Financial Protection Bureau announced today that it will not assess penalties with respect to errors in Home Mortgage Disclosure Act data collected in 2018 and reported in 2019, and will not require banks to resubmit data for that period unless errors are found to be material.
New regulations and recent data breaches have elevated banks’ concerns about risk management, according to the Regulatory and Risk Management study by Wolters Kluwer released today.
The federal regulatory agencies last week updated their rulemaking agendas for the remainder of 2017 and into 2018.
The Federal Reserve today issued a final rule repealing its Regulation C (Home Mortgage Disclosure Act), which has been superseded by final rules issued by the Consumer Financial Protection Bureau.
Rep. Tom Emmer (R-Minn.) yesterday introduced an American Bankers Association-supported bill that would delay certain aspects of the new Home Mortgage Disclosure Act rules set to take effect next month.
The federal banking agencies today finalized minor amendments to their respective Community Reinvestment Act regulations to address recent changes to Regulation C, which implements the Home Mortgage Disclosure Act.
Numerous regulatory relief proposals long backed by ABA are included in a bipartisan deal announced today by Senate Banking Committee Chairman Mike Crapo (R-Idaho).