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September 18, 2020 |
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 Features
Emerging technology will enable banks to test complicated transactions and locate problems in areas that are time-consuming to monitor manually.
Risk and Compliance News
In a comment letter to the CFPB, ABA offered support for recent proposals that would make changes to the Qualified Mortgage rule and ultimately allow the temporary "GSE patch"—which grants QM status to loans eligible to be purchased or guaranteed by Fannie Mae and Freddie Mac—to expire once the changes take effect.
ABA joined a coalition of trade associations in filing a friend-of-the-court brief urging the Supreme Court to interpret the Telephone Consumer Protection Act to ensure that customers can receive important communications from their banks and other companies with whom they do business.
COVID-19 forbearance programs—and the rules, regulations and requirements that govern them—present a host of new and unique compliance challenges for mortgage servicers.
ABA, the Financial Services Forum and the Securities Industry and Financial Markets Association wrote to the Federal Reserve offering feedback on recent revisions to the Fed’s Form FR Y-14A/Q/M, the Capital Assessments and Stress Testing Reports.
The Consumer Financial Protection Bureau has issued an outline of the proposals it is considering for its rulemaking to implement Section 1071 of the Dodd-Frank Act, which concerns the collection of credit application data for women-owned, minority-owned and small businesses.
TrainingSeptember 23 October 5-21 October 6 October 22 November 2, 2020 - January 8, 2021 November 18 Decmber 8-10 |
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