Attorneys examine US regulator moves to finalize rules, plus expectations and efforts of the compliance community in preparing for them.
Attorneys examine US regulator moves to finalize rules, plus expectations and efforts of the compliance community in preparing for them.
Our in-brief roundup of notable stories from the last week.
Several US agencies rescinded Interagency Statement to clarify lenders “can’t discriminate against borrowers based on prohibited characteristics.”
Our in-brief roundup of notable stories from the last week.
The change came almost exactly one year after President Trump declared it federal policy to eliminate the doctrine where possible.
In a court-ordered reversal, the beleaguered agency has agreed to seek quarterly funding from the Federal Reserve after all.
Trump administration lawyers argued that because the Federal Reserve was operating at a loss, the CFPB could not request funds from it.
Failure to maintain ATOs and lack of documentation key factors in decision.