Trade associations said HMDA disclosure requirements impose a substantial financial burden on their members, while advocates pressed for more data to be collected and published.
Senior staff from across federal agencies, including the CFPB, have criticized the Appraisal Foundation's proposed changes to professional appraisal practices for not adequately addressing discrimination in the appraisal process.
The list includes updating the Community Reinvestment Act, reviewing bank merger rules, implementing Basel III standards and expanding engagement on crypto- and climate-related risks.
According to one study, payday loans respond to supply and demand and don’t generally march upward to state maximums. However, Georgetown law professor Adam Levitin said the study coded state loan maximums incorrectly, invalidating the findings.
Bank overdraft and NSF fee practices in easy-to-read, comparative table; Fourth Circuit overturns ruling on convenience fees; CFPB publishes HMDA data entry helper; five federal agencies launch campaign to tackle dating scams.
The decision, in a case pitting the CFPB against a student loan securitization trust, opens up the defendants to enforcement actions brought under federal law.