Together with four other finance and housing trade associations today, the American Bankers Association wrote to the Consumer Financial Protection Bureau to request a delay of the new Home Mortgage Disclosure Act’s mandatory data collection requirements which are set to take effect Jan. 1, 2018.

In response to proposed changes to the FR Y-9C form that bank holding companies with more than $1 billion in assets are required to file quarterly, ABA emphasized the importance of aligning these changes with those being made to the Call Report.

In a comment letter today, ABA supported a CFPB proposal to raise the threshold at which banks are required to report data on home equity lines of credit.

A big-ticket checklist for compliance with impending Home Mortgage Disclosure Act requirements.

The Federal Reserve is seeking comments on a proposal to revise the FR-Y9 report that bank holding companies with more than $1 billion in assets are required to file.

The Consumer Financial Protection Bureau today issued a proposal to raise the threshold at which banks are required to report data on home equity lines of credit.

Together with state bankers associations from all 50 states and Puerto Rico, the American Bankers Association today called on the Consumer Financial Protection Bureau to delay the implementation of the new Home Mortgage Disclosure Act requirements.

In a comment letter to the Securities and Exchange Commission today, ABA recommended broad streamlining of the Industry Guide 3, which prescribes statistical disclosures in annual filings for bank holding companies.

The regulatory framework put in place to prevent money laundering and stop the financing of terrorist activity should be updated to reflect the changes that have taken place over the past several decades, banker Lloyd DeVaux, president and CEO of Sunstate Bank in Miami, Fla., said today in a hearing before the House Financial Services Committee.

The House today passed the Financial Choice Act by a mostly party line vote of 233 to 186 (one Republican, Rep. Walter Jones of North Carolina, voted against).