Browsing: TILA-RESPA integrated disclosures
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.
An overwhelming 95 percent of bankers agreed that regulation has had a negative impact on business production and consumer credit availability, according to the American Bankers Association’s Real Estate Lending Survey released today during the association’s annual Real Estate Lending Conference in Orlando, Fla.
Mortgage servicing, fair lending, vendor risk management and sales practices are among top priorities, according to ABA experts.
The Consumer Financial Protection Bureau today updated its rulemaking agenda for 2017.
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.
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.
The Consumer Financial Protection Bureau yesterday issued an updated small entity compliance guide to the TILA-RESPA integrated disclosures.
The Federal Reserve and the Conference of State Bank Supervisors today released an annual survey of the nation’s community banks, which provides a comprehensive overview of the key issues and challenges facing banks with less than $10 billion in assets.