Compliance News

In today’s banking environment as soon as one big new regulation is implemented another pops up. Our compliance resources help your community bank stay one step ahead of the regulators.

Regulations and Guidance
Aug 11, 2021 | NewsWatch Today
CFPB: Mortgage servicers’ pandemic response varies significantly

The Consumer Financial Protection Bureau published a report detailing the mortgage industry’s varied response to the pandemic.

Aug 6, 2021 | NewsWatch Today
CFPB updates mortgage servicing small entity compliance guide

The Consumer Financial Protection Bureau updated its Mortgage Servicing Small Entity Compliance Guide to include guidance on the 2021 Mortgage Servicing COVID-19 final rule and the 2020 Mortgage Servicing COVID-19 interim final rule.

Aug 6, 2021 | NewsWatch Today
CFPB interpretive rule re: Juneteenth 2021

The Consumer Financial Protection Bureau issued an interpretive rule to address certain time-sensitive borrower protections related to the treatment of June 19, 2021 as a business day or federal holiday.

Aug 2, 2021 | NewsWatch Today
CFPB: Debt collection rules effective Nov. 30

The Consumer Financial Protection Bureau said two final rules issued under the Fair Debt Collection Practices Act will take effect as planned on Nov. 30.

Jul 30, 2021 | NewsWatch Today
Lawmakers to CFPB: Consider impact of 1071 reporting

House Financial Services Committee Republicans called on the Consumer Financial Protection Bureau to consider the impact on small institutions as it develops a proposed rule on small-business data collection and reporting.

Jul 29, 2021 | NewsWatch Today
CFPB launches tool to help renters, landlords access federal assistance

The Consumer Financial Protection Bureau released an online tool to help renters and landlords affected by the pandemic find and apply for payment assistance for rent, utilities, and other expenses.

Jul 22, 2021 | NewsWatch Today
OCC to propose rescinding CRA rule

The OCC said it will propose rescinding its May 2020 Community Reinvestment Act rule and work with other agencies on a joint rulemaking.

Jul 20, 2021 | NewsWatch Today
CFPB settlement sets Sept. 30 deadline for 1071 proposal

A lawsuit on the Consumer Financial Protection Bureau’s implementation of small-business data collection and reporting rules determined that the bureau will issue a proposed rulemaking by Sept. 30, 2021, according to the Ballard Spahr law firm.

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