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
Jul 6, 2021 | NewsWatch Today
CFPB releases Spanish-language mortgage disclosures

The Consumer Financial Protection Bureau released a Spanish-language translation of certain model clauses available for use in early-intervention written notices issued under its mortgage-servicing rules.

Jul 2, 2021 | NewsWatch Today
FHFA issues fair lending policy statement

The Federal Housing Finance Agency issued a policy statement on its commitment to comprehensive fair lending oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.

Jul 1, 2021 | NewsWatch Today
FinCEN issues AML/CFT priorities

The Financial Crimes Enforcement Network issued the first government-wide priorities for anti-money-laundering and counter-financing-terrorism policy.

Jun 30, 2021 | NewsWatch Today
CFPB reports on 2020 consumer reporting, servicing violations

The Consumer Financial Protection Bureau issued a report highlighting legal violations identified by bureau examinations in 2020.

Jun 30, 2021 | NewsWatch Today
HUD proposes restoring ‘disparate impact’ rule

The Department of Housing and Urban Development recently proposed rescinding its 2020 rule interpreting the Fair Housing Act’s "disparate impact" standard and restoring its 2013 rule on discriminatory effects.

Jun 18, 2021 | NewsWatch Today
HMDA relief reflected in 2020 reporting data

The Federal Financial Institutions Examination Council released 2020 Home Mortgage Disclosure Act data showing the impact of regulatory relief on HMDA reporting.

Jun 8, 2021 | NewsWatch Today
CFPB issues FAQ on EFT and Reg E

The Consumer Financial Protection Bureau issued frequently asked questions on unauthorized transfer and error resolution provisions under the Electronic Fund Transfer Act and Regulation E.

May 28, 2021 | NewsWatch Today
CFPB: Manufactured housing borrowers have higher interest rates

Roughly 42 percent of loans for manufactured homes are secured by “chattel” loans secured by the home but not the land, according to a report from CFPB.

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