Tabs

Bank/Thrift Supervision   |    Capital    |    CFPB    |    Deposit Insurance    |    Interchange    |    Mortgage Finance
Municipal Advisors   |    OCC-OTS Merger   |    Preemption    |    QM - QRM    |    Swaps   |    Volcker Rule    |    Full Topics List
 
Qualified Mortgage - Qualified Residential Mortgage
Swaps
Consumer Financial Protection Bureau - CFPB
Bank/Thrift Holding Company Supervision
Capital
Deposit Insurance
Interchange
Mortgage Finance
Municipal Advisors
OCC-OTS Merger
Preemption
Volcker Rule
Corporate Governance
Financial Stability Oversight Council (FSOC)
Appraisals
Office of Financial Research (OFR)
Systemic Risk
Supervision and Oversight
Payment, Clearing and Settlement
Prudential Supervision
Trust & Securities
Asset-Backed Securities
Resolution Authority

Friday, March 27, 2015

House Panel Passes ABA-Advocated Reg Relief Bills

With strong bipartisan majorities, the House Financial Services Committee approved eight ABA-backed regulatory relief measures, many of which are included in ABA’s Agenda for America’s Hometown Banks:

  • H.R. 601, which would eliminate the annual privacy notice disclosure requirement for institutions that haven’t changed their policies.
  • H.R. 685, which would clarify the Qualified Mortgage rule’s points and fees test.
  • H.R. 1408, which would postpone Basel III rules on mortgage servicing assets until their impact can be studied.
  • H.R. 1259, which would establish a process for designating an area as rural or underserved for purposes of CFPB exemptions.
  • H.R. 1529, which would provide a legal safe harbor from escrow requirements for smaller institutions that hold loans in portfolio for three years.

The bills will now move to the House floor.

Read more.

No comments:

Post a Comment

Please read our comment policy before making a comment.