Wolters Kluwer, Minneapolis, issued its 2019 Regulatory & Risk Management Indicator, which noted despite a 10-point improvement from 2018, “notable” regulatory compliance and risk challenges remain high in a number of key areas for U.S. banks and credit unions.
Tag: Home Mortgage Disclosure Act
CFPB’s Fall Regulatory Agenda: LO Comp, Industry Issues on Radar Screen
The Office of Management and Budget released its Fall Regulatory Agenda, and the Consumer Financial Protection Bureau indicated that changes to Mortgage Loan Originator compensation–a long time regulatory priority of the Mortgage Bankers Association–appears to be high on the radar screen.
CFPB Issues Final HMDA Rule for Smaller Institutions
The Consumer Financial Protection Bureau last week issued a rule that finalizes certain aspects of its May Notice of Proposed Rulemaking under the Home Mortgage Disclosure Act.