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Wednesday, June 8, 2016   (0 Comments - view/add)
Lenders: CFPB must clarify handling of closing errors under TRID »
The Consumer Financial Protection Bureau is working to clarify portions of the Truth in Lending Act-Real Estate Settlement...
Wednesday, June 8, 2016   (0 Comments - view/add)
CFPB Adds Three Regulations to Online Tool »
The Consumer Financial Protection Bureau has updated its web-based eRegulations tool to include the Real Estate Settlement...
Wednesday, June 8, 2016   (0 Comments - view/add)
Hensarling Unveils Proposal for Dodd-Frank Overhaul »
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) has announced plans for new legislation that he calle...
Friday, June 3, 2016   (0 Comments - view/add)
ABA Suggests Improvements for Operational Risk Capital Calculation »
In its response to the Basel committee’s consultative document on a standardized measurement approach for calculating oper...
Friday, June 3, 2016   (0 Comments - view/add)
Student Loan Debt Not Slowing Home Buying After All »
Part and parcel of creating the feeling of a student loan crisis is to convince people it has serious effects on the 270 m...
Friday, June 3, 2016   (0 Comments - view/add)
Trade Groups Urge Congress to Fund FSA in Appropriations Bill »
ABA, together with several financial and agricultural trade groups, yesterday wrote to Congress urging lawmakers to includ...
Friday, June 3, 2016   (0 Comments - view/add)
Industry Groups Sue DOL over Fiduciary Rule »
A group of nine financial services and business trade groups yesterday filed a lawsuit against the Department of Labor ove...
Friday, June 3, 2016   (0 Comments - view/add)
Fed: Higher Capital Requirements on the Horizon for GSIBs »
The nation’s eight largest banks will face more stringent, costly capital requirements under the Comprehensive Capital Ana...
Thursday, June 2, 2016   (0 Comments - view/add)
FDIC Expects Economy to Spur De Novo Activity »
The FDIC anticipates “an increase in chartering activity as general economic conditions continue to improve,” the agency s...
Thursday, June 2, 2016   (0 Comments - view/add)
ABA: OCC Innovation Effort Sends Positive Message »
In its response today to the regulatory initiative in support of banking innovation, ABA welcomed the promised cooperation...
Thursday, June 2, 2016   (0 Comments - view/add)
Banks See First Quarter Drop in Net Income »
FDIC-insured banks and savings institutions earned $39.1 billion in the first quarter, down 1.9 percent from the industry’...
Thursday, June 2, 2016   (0 Comments - view/add)
Bankers: CFPB rule on small-dollar loans would harm consumers »
The Consumer Financial Protection Bureau is expected to propose a rule today on small-dollar loans that would make it more...
Tuesday, May 31, 2016   (0 Comments - view/add)
Fed likely to raise rates in coming months, Yellen says »
The Federal Reserve is likely to increase interest rates in the next few months as the economy continues to improve, Chair...
Tuesday, May 31, 2016   (0 Comments - view/add)
Increased regulation changes bank culture »
Compliance staff make up the fastest-growing group in the financial industry as banks struggle to interpret and enforce th...
Tuesday, May 31, 2016   (0 Comments - view/add)
The demise of bank branches is greatly exaggerated »
Bank branches remain viable and needed by consumers of all ages, Wells Fargo says. The bank finds that 63% of millennials...
Tuesday, May 31, 2016   (0 Comments - view/add)
Experts: CFPB oversteps bounds under guise of consumer protection »
The Consumer Financial Protection Bureau takes a broad view of consumer protection, which causes the agency to act too agg...
Tuesday, May 31, 2016   (0 Comments - view/add)
FDIC Issues Q3 CRA Exam Schedule »
The FDIC on Friday released its third-quarter Community Reinvestment Act examination schedule, covering July through Septe...
Tuesday, May 31, 2016   (0 Comments - view/add)
ABA Supports Proposed Subchapter S, LLC Tax Bills »
ABA last week submitted a statement for the record expressing support for two bills introduced by Rep. Kenny Marchant (R-T...
Friday, May 27, 2016   (0 Comments - view/add)
Fed Survey Finds Increasing Economic Well-Being »
Nearly seven in 10 U.S. households surveyed last fall said they are “doing okay” or “living comfortably,” according to the...
Friday, May 27, 2016   (0 Comments - view/add)
Hensarling Urges Fed to Cooperate with GAO Stress Test Review »
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) wrote to the Federal Reserve yesterday urging the age...
Friday, May 27, 2016   (0 Comments - view/add)
Study: Unemployed workers benefit from credit access »
Access to credit lets unemployed workers take time to find suitable employment, even if the credit line is never used, say...
Friday, May 27, 2016   (0 Comments - view/add)
Feds see flood of applications for student-loan forgiveness »
The Education Department was reviewing 19,657 applications as of early May to cancel federal student-loan debt because of...
Thursday, May 26, 2016   (0 Comments - view/add)
Comment Period Extended for Recordkeeping Proposal »
The FDIC last week announced that it will extend the comment period for proposed recordkeeping requirements for large FDIC...
Thursday, May 26, 2016   (0 Comments - view/add)
Lawmakers Seek More Info on Bank, Fintech Partnerships »
Twelve House members, including Reps. Patrick McHenry (R-N.C.) and Jared Polis (D-Colo.) yesterday wrote to the Government...
Thursday, May 26, 2016   (0 Comments - view/add)
Housing debt hits highest level since 2011 »
Total mortgage debt in the US increased to $8.37 trillion in the first quarter, the Federal Reserve Bank of New York repor...
Thursday, May 26, 2016   (0 Comments - view/add)
Farm Credit Regulator Defends FCS at Recent Hearing »
A recent oversight hearing of the Farm Credit System produced some “interesting revelations” from Farm Credit Administrati...
Thursday, May 26, 2016   (0 Comments - view/add)
Spending Bill Would Reform CFPB Advances »
The House Appropriations subcommittee on financial services yesterday passed its fiscal year 2017 spending bill, which was...
Thursday, May 26, 2016   (0 Comments - view/add)
ABA Urges Support for SBA Lending Oversight Bill »
ABA yesterday urged members of the Senate Small Business and Entrepreneurship Committee to support legislation that would...
Thursday, May 26, 2016   (0 Comments - view/add)
FDIC Report Outlines Mobile Strategies for Banking the Underserved »
As part of its broader effort to identify ways mobile banking can help meet the needs of the unbanked and underbanked, the...
Thursday, May 26, 2016   (0 Comments - view/add)
Study: Consumer spending increases with mortgage borrowing »
Consumers with prime credit or better are more likely to purchase a car or open a credit card account within a year of tak...
Thursday, May 26, 2016   (0 Comments - view/add)
Fed: Americans struggle with emergency costs despite better economy »
The economy is improving, but many households still struggle to pay expenses, according to a Federal Reserve study. The st...
Thursday, May 26, 2016   (0 Comments - view/add)
House panel approves bill to revamp CFPB »
A House Appropriations subcommittee has approved legislation that calls for changes in oversight, structure and funding of...
Wednesday, May 25, 2016   (0 Comments - view/add)
Bankers elect 2016-17 CBA leadership »
Bankers on Wednesday voted unanimously to elect three of their own to lead the Colorado Bankers Association in the coming...
Friday, May 20, 2016   (0 Comments - view/add)
SBA chief ponders agency's role with online lenders »
As more small-business lenders join the online space, the Small Business Administration is exploring its role in protectin...
Friday, May 20, 2016   (0 Comments - view/add)
Credit card debt approaches pre-crisis high »
Outstanding balances on US credit cards could hit $1 trillion this year, near a record high of $1.02 trillion in July 2008...

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