Your weekly update on the regulatory landscape.
A new national survey from CUNA and the Consumer Federation of America released Wednesday says more consumers will spend more this holiday season than last, marking the fourth year of gradual improvement since the beginning of the recession in 2008.
The CFPB released its official Mortgage Origination Examination Procedures, which will serve as a “field guide for CFPB examiners” as they examine mortgage originators in all sectors of the financial services industry.
The Federal Financial Institutions Examination Council has reiterated “the need for sound management of interest rate risk” and highlighted sound practices in a new FAQ document.
For media relations pros, the New Year marks a time to take proactive steps to establish relationships with reporters and establish concrete outreach plans.
Your update on the regulatory landscape.
As part of the â€œKnow Before You Oweâ€ project, the CFPB has made a subtle but important change to the mortgage disclosure form in its most recent revision.
What will the credit union system of tomorrow look like? The Evolution Task Force is examining this question.