Compliance

In comment letters to the regulatory agencies, several reform organizations and trade associations took aim at various aspects of an April proposal that they consider too lax or lacking in clarification.

The Inspector General of the Department of Housing and Urban Development has found a new ally in his fight to reform the down payment assistance programs run by HUD and state and local housing finance agencies.

In a speech Tuesday, GOP presidential nominee Donald Trump pledged to temporarily suspend all new federal regulations if elected president, but even if he wins the White House, it may prove beyond his reach.

This week marks the end of the comment period regarding the NCUA's regulatory review process for 2016. Also due for comment this week are various information-collection procedures by regulators, as well as the Consumer Financial Protection Bureau's annual privacy notice rule.

Advantage Federal Credit Union has converted to a Michigan state charter to expand its community field of membership to serve additional areas in the state. The change comes with a new name – Advantage One Credit Union.

With supervisory pressures continuing to mount, a piecemeal approach to handling banks’ regulatory demands is costly and ineffective.

The Indiana Senate race could prove to be the most important congressional race for bank policymaking if handshake deals propel former Sen. Evan Bayh to the top of the banking committee. But picking Bayh could start a civil war within the Democratic party.

The U.S. is steadily building the foundation of a nationwide faster payments system, but not all of the pieces are connected. Many of the elements developed independently, with influence from across the globe.

The Consumer Financial Protection Bureau on Thursday finalized new requirements for mortgage servicers that provide more help to struggling borrowers and add consumer protections when loans are transferred.

The Consumer Financial Protection Bureau on Thursday finalized new requirements for mortgage servicers that provide more help to struggling borrowers and add consumer protections when loans are transferred.