Compliance

The Consumer Financial Protection Bureau will propose changes in late July to its mortgage disclosure rule to provide "greater certainty and clarity" to the mortgage industry.

A new online training module is designed to educate board directors on best practices in the process of mergers.

In a twist, compliance officers are finding solace rather than pain in a recent enforcement action from the Financial Crimes Enforcement Network.

The Consumer Financial Protection Bureau is set Thursday to propose new disclosures for federal student loans that would require servicers to provide several repayment options for borrowers.

The Consumer Financial Protection Bureau is set Thursday to propose new disclosures for federal student loans that would require servicers to provide several repayment options for borrowers.

Consumer Financial Protection Bureau Director Richard Cordray sent a four-page response to Sen. Bob Corker, R.-Tenn, about new mortgage disclosures but fell short of providing any new official guidance to address industry concerns.

State regulators led the way with a bevy of comments suggesting ways NCUA should overhaul how the agency is funded.

The Financial Accounting Standards Board gave final approval Wednesday to its controversial Current Expected Credit Loss standard, but agreed to delay its implementation deadlines by a year in response to protests from banks and credit unions.

The Credit Union National Association (CUNA) launched a Regulatory Burden Calculator that is free to member credit unions, the agency said Wednesday.

While banks should be wary of potential restrictions on the H-1B visa program, policymakers should be mindful of the consequences of limiting H-1B visas too severely.