Following the CFPB’s calls for 12 different RFIs last year, one mortgage industry group released an entire new “roadmap for the future” of the regulator.
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Comptroller Introduces Proposals to Lower Regulatory Burden for Small Banks
Speaking at the sixth interagency outreach meeting on The Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) of 1996, Comptroller of the Currency Thomas J. Curry outlined specific legislative proposals that have been introduced to reduce regulatory burden on smaller banks.
Read More »St. Louis Fed President Calls for More Regulatory Relief for Community Bankers
Small, community banks require more regulatory relief, especially those that hold mortgage originations, so what can be done to reduce this burden?
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