Raising the coverage thresholds for collecting and reporting data about closed-end mortgage loans and open-end lines of credit under federal disclosure rules was proposed Thursday by the Consumer Financial Protection Bureau (CFPB). In a release, […]
A fact sheet addressing whether a “Loan Estimate and Closing Disclosure” is required under federal truth-in-lending and settlement procedures disclosures when a mortgage is assumed was published Wednesday by the federal consumer financial protection agency. […]
A student loan servicing company will pay a $3.9 million fine for engaging in unfair practices by failing to adjust principal balances of student loans, the federal consumer financial protection agency said Wednesday. In a […]
More categories of entities would be defined as “financial institutions” under federal rules affecting netting contracts under a proposed rule issued by the Federal Reserve Board for a 60-day public comment period. The proposed revisions, […]
Two state regulators will continue their roles on the group that advises federal financial institution regulators on various state issues. Tom Fite, director of the Indiana Department of Financial Institutions, will continue on the State […]
The charter for a committee that advises the federal bank deposit insurer on matters related to the resolution of systemically important financial companies was renewed Monday, according to a notice filed with the Federal Register. […]
An “Innovation Pilot Program” that will test novel or innovative products, services, processes and other activities by financial institutions was unveiled Tuesday by the regulator of national banks. The Office of the Comptroller of the […]
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