Regulation and compliance
Regulation and compliance
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The bank exited the $1.95-trillion asset cap last year, but it had remained subject to the rest of the eight-year-old order.
March 5 -
Sens. Tim Scott, R-S.C., and Elizabeth Warren, D-Mass., released new legislative language Monday night that includes a ban on institutional investors' purchase of single family homes and a temporary ban on the Federal Reserve issuing a Central Bank Digital Currency.
March 3 -
An appellate court denied the bank's argument targeting the state's Foreclosure Abuse Prevention Act and ordered it to pay the defendant's legal fees.
March 2 -
Mortgage One is accused of using an artificial intelligence voice agent for outbound solicitations, recommending a cash-out refi to the plaintiff in the case.
February 27 -
Though changes to bank capital rules previewed by Federal Reserve Vice Chair for Supervision Michelle Bowman in February are being viewed as welcome, experts say other more significant hurdles — not all of them regulatory — are keeping banks on the sidelines of mortgage servicing and lending.
February 27 -
Senate Majority Leader John Thune, R-S.D., moved to consider the housing package next week, but it's not clear what version of the bill senators will be voting on as the House, Senate and White House are still negotiating priorities.
February 26 -
The heads of the Federal Deposit Insurance Corp., Office of the Comptroller of the Currency and National Credit Union Administration, as well as the Federal Reserve vice chair for supervision, will testify in the Senate Thursday morning in their first joint appearance in the upper chamber since being confirmed.
February 26 -
While originators are not the primary focus of the Homebuyers Privacy Protection Act going into effect on March 5, the way they do business is going to change.
February 26 -
Bowman's Basel III relief may ease MSR capital but won't bring banks back; risk weights and economics still favor nonbanks, according to the Chairman of Whalen Global Advisors
February 24 -
Federal Deposit Insurance Corp. report shows margins widened and profitability remained high even as credit quality saw some wobbles from consumer and commercial loan portfolios.
February 24 -
The CFPB is in an existential legal brawl against it's own acting director, Russell Vought, and President Donald Trump, whose confirmed goal is to kill the agency.
February 23 -
A highly esteemed bank policy researcher and author, Petrou was an influential voice in Washington and sharp critic of the Federal Reserve's ultra-low interest rate policy after the 2008 financial crisis.
February 22 -
In a letter to regulators, the consortium of organizations recommended regulatory changes affecting a range of rules from risk weights to warehouse financing.
February 20 -
The lawsuit accuses Veterans United of deceptively suggesting it's part of the Department of Veterans Affairs and steering clients to more costly loans.
February 19 -
Federal Reserve Vice Chair for Supervision Michelle Bowman said in comments Wednesday that the central bank plans to publish its Basel III endgame capital proposal for public comment before the end of March.
February 18 -
Some vendors' voice agents have quoted "outrageously low" interest rates to consumers, among other potential violations, according to one expert.
February 17 -
Originators of the clean energy loans will have to follow stricter lending laws, a move that program administrators say will hike costs and reduce funding.
February 17 -
Federal Reserve Vice Chair for Supervision Michelle Bowman said in a speech Monday morning that the central bank will introduce two capital proposals that she said are aimed at boosting banks' role in the mortgage market.
February 16 -
The Public Interest Law Center filed an amicus curiae brief arguing against a joint motion to end a redlining agreement early against Lakeland Bank.
February 16 -
The Consumer Financial Protection Bureau's complaint portal has been flooded in recent years, but corporate debt collectors, industry attorneys and consumer advocates question whether the bureau's efforts to reduce the volume will help consumers as much as it helps the firms they're complaining about.
February 13















