Here’s what Randal Quarles, Vice Chairman of the Fed had to say about the Board’s progress on the Dodd-Frank Reforms Act’s implementation during his semiannual testimony.
Read More »Change Is in the House
Click through to learn more about what the housing and financial services industries can expect if and when Maxine Waters takes over the reins of the House Financial Services Committee.
Read More »How CFPB Impacts Mortgage Lending
How has the oversight of the BCFP affected banks in general and mortgage lending in particular? Here’s what a research by the New York Fed revealed.
Read More »What the Housing Market Learned from a Crisis
Experts point to potential problems that were not addressed in the housing and financial services industries after the Great Recession receded and the market rebounded, as well as ways to still address these problems before it is too late.
Read More »Sanders’ Legislation Aims to Shrink the Size of Big Banks
Sen. Bernie Sanders and Rep. Brad Sherman have introduced legislation aimed at breaking up the nation’s biggest banks and financial institutions. Here's what it means for the industry.
Read More »The Regulatory Relief Bill’s Impact on Compliance
A report quantifying the incremental burden on financial institutions in keeping up with regulatory changes found that the recently passed bill had increased regulatory activities for lenders. Here are the details.
Read More »BCFP Issues Advisory on HMDA Exceptions
The guidelines issued by BCFP advise small banks and credit unions on the partial exemptions available to them under the HMDA rules of the amended Dodd-Frank Act. Here are the details.
Read More »Sharon Reichhardt Promoted to VP at ARMCO
In her new role, Reichhardt will manage ongoing adoption by customers of the full feature-set of the ACES Audit Technology platform and oversee the professional services division at ARMCO.
Read More »Stress Tests: How Will Mortgage Loans Impact Bank Losses?
The results of the stress test scenarios to determine the resiliency of lenders in financially adverse situations were released for the three biggest banks in the country. Here’s what they revealed about loans that are most likely impact banks’ losses if things go south.
Read More »LenderClose Expands Sales Team with New Executive
Fintech startup LenderClose, which provides digital platforms to transform the lending process, has announced the addition of Benjamin Dinkins as Sales Executive to its growing team of industry experts. Dinkins will focus ...
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