House Passes ‘Madden Fix,’ TRID Improvement Bills
The House today approved two bipartisan regulatory reform bills backed by ABA as part of its Blueprint for Growth.
The House today approved two bipartisan regulatory reform bills backed by ABA as part of its Blueprint for Growth.
ABA compliance experts break down what bankers can expect in 2018.
ABA last week provided feedback to the Consumer Financial Protection Bureau on proposed changes to the final servicing rules for servicers sending periodic statements to borrowers in bankruptcy.
During a markup yesterday and today, the House Financial Services Committee approved several regulatory relief bills advocated by ABA as part of its Blueprint for Growth.
ABA yesterday joined several financial and housing trade associations in a letter to House members urging support for the TRID Improvement Act of 2017 (H.R. 3978), a bipartisan bill introduced by Rep. French Hill (R-Ark.) and Rep. Ruben Kihuen (D-Nev.).
ABA today commented on proposed changes to the TILA-RESPA integrated disclosures that would allow creditors to use either initial or corrected closing disclosures to reflect changes in costs for purposes of determining if an estimated closing cost was disclosed in good faith, regardless of when the closing disclosure was provided relative to consummation.
Insights from a Fed/CSBS survey of the community bank scene.
Testifying on ABA’s behalf before a House Financial Services subcommittee yesterday, a midsize bank executive emphasized the importance of proposed legislation that would remove arbitrary asset thresholds that impose limits on growth.
The OCC is focusing on credit risk, compliance risk and strategic risk as its top supervisory priorities at community and midsize banks, according to the agency’s Semiannual Risk Perspective report released today.