CFPB announces reporting updates to HMDA requirements
On Aug. 24, the Consumer Financial Protection Bureau (CFPB) announced updates to the Home Mortgage Disclosure Rule (HMDA).
CFPB fines large institution $4.6M for FCRA violations
CFPB is taking action against a major institution for failures in FCRA violations related to information it provided for checking account screening reports.
OCC seeks comments on changes to the Volcker Rule
The Office of the Comptroller of the Currency is seeking public comment on possible revisions to the Volcker Rule to address financial industry concerns.
Hot housing market expected to continue
Industry experts expect the housing market to continue to remain strong through the remainder of 2017 and well into next year.
CFPB issues controversial arbitration rule
The Consumer Financial Protection Bureau has issued a new rule prohibiting the use of arbitration clauses that prevent consumers from joining in class-action lawsuits.