Rep. Luetkemeyer Introduces CLEARR Act
Rep. Blaine Luetkemeyer (R-Mo.) yesterday introduced the ABA-advocated CLEARR Act (H.R. 2133), which would provide relief from certain rules and regulations for community banks.
Browsing: UDAAP
House Committee Holds Hearing on Choice Act
The House Financial Services Committee today held a hearing on the Financial Choice Act, Committee Chairman Jeb Hensarling’s (R-Texas) sweeping, 600-page bill aimed at reforming parts of the Dodd-Frank Act’s extensive supervisory regime and providing regulatory relief for banks.
Responding to the Cross-Selling Crisis
By Scott Andrick
ABA Reiterates Concerns over Language Preference Addition to URLA
ABA and several trade associations today wrote to Federal Housing Finance Agency Director Mel Watt repeating concerns they had previously raised about the agency’s proposal to include a question on the Uniform Residential Loan Application that asks borrowers to indicate their language preference.
Luetkemeyer Bill Would Take Away CFPB’s Extra ‘A’ in UDAAP
Rep. Blaine Luetkemeyer (R-Mo.) yesterday introduced H.R. 5112, the Unfair or Deceptive Acts or Practices Uniformity Act, which would grant the same UDAP enforcement authority on the Consumer Financial Protection Bureau that other financial regulators have.
Compliance Challenge: Seeing Gorillas
By Chuck Lewis
Is This UDAAP or Not?
By Lyn Farrell
When is Free Not Really ‘Free’?
By Carl Pry
Compliance Magazine Focuses on Natural Disaster Planning
The July/August issue of ABA Bank Compliance magazine, now available online for subscribers, features a cover story on how continuous improvement, a culture of discipline, knowing the business and dependent relationships and frequent testing can help compliance officers prepare their banks for natural disasters.