Browsing: TILA-RESPA integrated disclosures

Compliance

As it kicks off its five-year retrospective review of the Dodd-Frank remittance and mortgage rules, the Consumer Financial Protection Bureau is “sensitive” to the compliance burden of further changes to the rules, CFPB Director Richard Cordray said today.

Community Banking

Members of the Federal Reserve’s Community Depository Institutions Advisory Council — which includes several ABA member bank CEOs — raised concerns over the uncertain regulatory environment for innovation and bank-fintech partnerships and over growing regulations that directly harm the customer experience, according to minutes of the CDIAC’s last meeting released by the Fed.

Compliance

In a joint comment letter with the Consumer Bankers Association yesterday, ABA responded to a proposal by the Consumer Financial Protection Bureau to amend the TILA-RESPA integrated disclosure rule.

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