What's New

 

NEW ABA Supports Proposal to Increase HMDA HELOC Threshold (7/28/17) ABA supports the Bureau's proposal to increase temporarily the threshold below which small volume lenders would be exempt from collecting and reporting data about home equity lines of credit (HELOCs) under the Home Mortgage Disclosure Act (HMDA). ABA further encourages the Bureau to make the increase permanent and not limit it to two years. Comments on the proposal are due Monday, July 31. Read more from our Regulatory Chart . Contact Rob Rowe with questions.

Bureau’s Mid-year Update Acknowledges ADA Accessibility Shortcomings (7/26/17) For FY2017, the Ombudsman received 820 inquiries from 46 states, D.C. and other countries, according to the Consumer Financial Protection Bureau’s recently released Ombudsman's Mid-year Update. The update includes accessibility of Bureau print materials, whistleblower communications to the Bureau, the Ombudsman Forum and Interactive programs, and outreach, among others.

 

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