A final rule making changes to the payday alternative loan model used by credit unions is “on my agenda,” the board chairman of the federal regulator of credit unions said Wednesday. Participating in a “fireside […]
Proposed revisions to regulations implementing anti-redlining laws should surface publicly by the end of summer, a senior regulator said Wednesday, while joining a top supervisor from another agency in agreeing the changes should result in […]
Community banks and “non-advanced approaches banking organizations” will be subject to simpler regulatory capital requirements for mortgage servicing assets, certain deferred tax assets arising from temporary differences, and investments in the capital of unconsolidated financial […]
A group of 65 House Democrats on Wednesday urged consumer bureau Director Kathleen (“Kathy”) Kraninger to immediately rescind a number of actions that could result in fewer institutions subject to Home Mortgage Disclosure Act (HMDA) […]
An update on various initiatives was provided by the leader of the federal insurer of bank deposits Wednesday – but did not include any new details of an “office of innovation” promised by the agency […]
Title: Home Mortgage Disclosure (Regulation C) Subject: HMDA Agency: CFPB Status: Final rule; official interpretation Summary: The Bureau of Consumer Financial Protection (Bureau) is amending Regulation C to increase the threshold for reporting data about […]
Federal financial institution regulators are working on a “joint data intake system,” the director of the federal consumer financial protection told a group of bankers Tuesday, as the agency looks for ways to streamline its […]
A video intended to help potential home buyers through the process of finding the right mortgage loan was released Tuesday by the federal credit union regulatory agency. The National Credit Union Administration (NCUA) video, “Understanding […]
A summary of activities at the Consumer Financial Protection Bureau (CFPB) during its first six months under the leadership of Kathleen Kraninger, who became director in December, is just that – a summary – but […]
Under the category of “things could be worse,” the congressional watchdog Tuesday issued a report listing the top 10 federal agencies in dire need of modernization plans for their “critical legacy” information systems – but […]
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