|
|
|
|
Results 1 - 10 of 278 |
The Federal Financial Institutions Examination Council made available the data on 2022 mortgage lending transactions that were reported under the Home Mortgage Disclosure Act (HMDA). The HMDA data was reported by 4,460 U.S. financial institutions, including banks, credit unions, and mortgage companies. The number of reporting institutions increased by 2.63 percent from the previous year.
Read on for more details. Read on »
The Federal Reserve released the results of the 2023 Dodd-Frank Act Stress Test Scenarios, which assess how large domestic and foreign banks, as well as savings and loan holding companies, are likely to perform under hypothetical recessions. This year’s test found large banks are well positioned to weather a severe recession and to continue to lend during one.
Read on for more details. Read on »
Sen. John Kennedy (R-La.) sponsored a resolution of disapproval in the Senate opposing the Consumer Financial Protection Bureau’s rulemaking on Section 1071 of the Dodd-Frank Act.
Read on for more details. Read on »
The Consumer Financial Protection Bureau issued a compliance guide for small entities that are to be subject to Section 1071 small business lending rule. The guide provides a detailed summary of the final rule’s requirements and provides details and examples when necessary to clarify and explain the different components and requirements of the final rule as it affects small entities.
This is a continuation of a previously posted article.
Read on for more details. Read on »
During Consumer Financial Protection Bureau Director Rohit Chopra’s two-day testimony before committees of each chamber of Congress, it was disclosed the Section 1033 rule proposal would likely be released in October, ahead of the previously announced schedule.
The Section 1033 rule grants consumers access and control over the data financial institutions collect and store about them.
Read on for more details. Read on »
The Federal Trade Commission (FTC) provided its annual report to the Consumer Financial Protection Bureau (CFPB) on its enforcement and related activities in 2022 on the Truth in Lending Act, Consumer Leasing Act, and the Electronic Fund Transfer Act.
The CFPB, under its authority granted by the Dodd-Frank Act, requests this report from the FTC annually as part of the bureau’s preparation for its annual report to Congress.
Read on for more details. Read on »
The Consumer Financial Protection Bureau issued a compliance guide for small entities that are to be subject to Section 1071 small business lending rule. The guide provides a detailed summary of the final rule’s requirements and provides details and examples when necessary to clarify and explain the different components and requirements of the final rule as it affects small entities.
This is a continuation of a previously posted article.
Read on for more details. Read on »
The Consumer Financial Protection Bureau issued a compliance guide for small entities that are to be subject to Section 1071 small business lending rule. The guide provides a detailed summary of the final rule’s requirements and provides details and examples when necessary to clarify and explain the different components and requirements of the final rule as it affects small entities.
This is a continuation of a previously posted article. This part will cover the specific reportable data points required under the final rule.
Read on for more details. Read on »
The Mortgage Bankers Association, National Association of Realtors, and the National Association of Home Builders filed an amici brief with the U.S. Supreme Court in Consumer Financial Protection Bureau v. Community Financial Services Association of America which will determine the constitutionality of the Consumer Financial Protection Bureau’s funding structure.
Read on for more details. Read on »
The Consumer Financial Protection Bureau issued a compliance guide for small entities that are to be subject to the Section 1071 small-business lending rule. The guide provides a detailed summary of the final rule’s requirements and provides details and examples when necessary to clarify and explain the different components and requirements of the final rule as it affects small entities.
Read on for more details. Read on »
|
| Monthly Newsletter |
|
Cover Story:
|
|