Compliance News

In today’s banking environment as soon as one big new regulation is implemented another pops up. Our compliance resources help your community bank stay one step ahead of the regulators.

Regulations and Guidance
Sep 23, 2022 | NewsWatch Today
CFPB looks to spur automated mortgage refinancing, forbearance

The Consumer Financial Protection Bureau requested feedback on ways to spur new mortgage products that streamline and automate loan refinancing.

Sep 16, 2022 | NewsWatch Today
CFPB planning standards for nonbank ‘buy now, pay later’ lenders

The Consumer Financial Protection Bureau said it is developing consumer protections for “buy now, pay later” products similar to those that apply to credit cards.

Sep 16, 2022 | NewsWatch Today
ICBA urges National Flood Insurance Program extension

ICBA called on Congress to extend the National Flood Insurance Program authorization before it expires Sept. 30 to avoid further disruptions to the housing market.

Sep 15, 2022 | NewsWatch Today
CFPB: Credit report furnishers must investigate disputes

The Consumer Financial Protection Bureau said the Fair Credit Reporting Act requires credit report furnishers to investigate potential inaccuracies in consumer credit reports.

Sep 2, 2022 | NewsWatch Today
OCC announces assessment rate cuts targeting community banks

The OCC will reduce assessment rates on OCC-chartered community banks by 40% starting next year, Acting Comptroller of the Currency Michael Hsu announced.

Aug 15, 2022 | NewsWatch Today
CFPB planning inquiry on credit card interest rates

The Consumer Financial Protection Bureau released a blog post targeting the growing divergence between credit card interest and charge-off rates—and previewing an inquiry into industry practices.

Jul 29, 2022 | NewsWatch Today
OCC issues CRA fact sheets ahead of comment deadline

The OCC released a series of fact sheets on the banking agencies’ proposed updates to Community Reinvestment Act regulations ahead of the Aug. 5 comment deadline.

Jul 29, 2022 | NewsWatch Today
CFPB adds new debt-collection FAQs

The Consumer Financial Protection Bureau added a new section to its frequently asked questions on the Debt Collection Rule in Regulation F.

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