PayThink

As the Consumer Financial Protection Bureau streamlines mortgage disclosure forms, banks worry that the proposed simplification may become a burden.

All mortgage lenders should voice their objection to the NMLS' efforts to include non-mortgage industries such as pawnbrokers, debt collectors and even used car financing companies in its registry.

The Consumer Financial Protection Bureau is "attempting an ambitious project required under Dodd-Frank to consolidate overlapping disclosures," writes American Banker's Joe Adler.

The Federal Deposit Insurance Corp.'s unlimited coverage of non-interest bearing checking accounts is coming to a close.

Providing a safe harbor for only some qualified mortgage loans will swing the stringent credit standard pendulum further in the wrong direction.

Banks should seize the opportunity to shape the rule in a manner that helps policymakers achieve their AML goals without imposing needless cost and customer pain.

Seeking to accelerate a process that results in taking someone's home should not be done lightly. Plus, a major driver of foreclosure time is not state law but who services the mortgage.

Trust isn't a message; it's a series of actions that demonstrate character. For the first time since the 2008 financial crisis, the banking industry established public goodwill through voluntary and proactive decisions.

The Consumer Financial Protection Bureau and the Federal Trade Commission are investigating 51 nonbank firms involved in mortgage lending or other areas of the housing market.

Capital is just not an issue for these banks. All the capital they may ever need is a phone call and wire transfer away.