In a comment letter last week, the American Bankers Association urged the Consumer Financial Protection Bureau to operate transparently in its collection and use of data and to adopt safeguards to ensure it does not order the production of data that is overly broad, voluminous or duplicative.
Newly sworn-in Consumer Financial Protection Bureau Director Kathy Kraninger will focus on data security and privacy in her early days in office, she said at a press briefing on her first day at the bureau this afternoon.
The Consumer Financial Protection Bureau yesterday updated its rulemaking agenda for the remainder of 2018.
In a letter to the Consumer Financial Protection Bureau today, the American Bankers Association shared a number of concerns bankers have raised recently about complying with the bureau’s expanded Home Mortgage Disclosure Act data collection requirements.
The Consumer Financial Protection Bureau today issued an interpretive rule clarifying several changes to Home Mortgage Disclosure Act regulations made under S. 2155, the bipartisan regulatory reform law.
The Consumer Financial Protection Bureau, FDIC and OCC today each issued statements acknowledging the partial exemptions granted under S. 2155 — the new regulatory reform law — for certain Home Mortgage Disclosure Act data reporting requirements for some insured depository institutions and credit unions.
Uncertainty around how bank deposits will react to a rising interest rate environment was among several key risk themes identified by the OCC in its Semiannual Risk Perspective report released today.
Opponents of S. 2155 are spreading “misinformation” about what S. 2155 — the bipartisan regulatory reform bill set for a vote tomorrow — does to the Home Mortgage Disclosure Act, a California banker wrote in a Sacramento Bee op-ed today.
The Federal Financial Institutions Examination Council today released the 2017 Home Mortgage Disclosure Act data on mortgage lending transactions at 5,852 financial institutions.
The Consumer Financial Protection Bureau is revisiting several rules as it considers whether they impose “unnecessary burden or restrict consumer choice,” Acting Director Mick Mulvaney told the House Financial Services Committee today.