May 14, 2024 · The announced adjustments are effective July 1, 2025 On May 13, 2024, the Consumer Financial Protection Bureau (the Bureau) and the Federal Reserve Board (the Board) jointly announced a final rule-making cost of living adjustment (COLAs) for the Regulation CC funds availability rules. The Bureau and...

EVENTS » APRIL 24-25: UNIVERSITY OF CHICAGO BOOTH GLEACHER CENTER: CHICAGO, IL Banking Exchange Annual RDP: Risk, Data and Payments Celebrating Ten Years of Publishing 20 Banks Over $50 Billion in Assets 20 Banks Under $50 Billion in Assets

Sep 23, 2024 · The Consumer Financial Protection Bureau (CFPB) has published new guidance to help federal and state consumer protection enforcers stop banks from charging overdraft fees based on phantom opt-in agreements.. Phantom opt-ins occur when banks claim they have customers’ consent to charge overdraft fees but there is no proof they obtained that consent.

Aug 5, 2024 · Making permanent a key Covid-era change The Federal Housing Administration (FHA) has permanently waived the requirement for mortgagees to meet face-to-face with borrowers who are in default, making permanent a key Covid-era change. On August 2, the FHA released a final rule eliminating the requireme...

Jan 6, 2025 · New research revealed that financial leaders are entering 2025 cautiously optimistic Financial institution leaders have listed challenges such as cybersecurity, talent shortages and digital transformation maturity as the key factors shaping strategies and priorities in 2025, according to Wipfli. Two...

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Nov 8, 2021 · Changed circumstance remains a substantial, inherent compliance risk for lenders It has been over 10 years since RESPA changed circumstance rules were passed, and over five years since the TILA-RESPA Integrated Disclosure (TRID) Rule created the Loan Estimate. Despite this aging, changed circumstanc...

Sep 3, 2024 · Raquel Garcia Director, Customer Intelligence and Operations, Oriental. Raquel Garcia Trinidad is a visionary leader and the Director of Customer Intelligence & Operations at Oriental Bank. She drives the Data and Digital Sales teams, leading transformative initiatives that elevate customer experiences and champion digital innovation in retail banking.

Apr 22, 2024 · MidFirst Bank has announced it will acquire the Houston, Texas banking locations of Amerant Bank. Following the close of the acquisition, which is expected later this year, MidFirst will add six of Amerant Bank’s locations to the company’s footprint as well as 45 employees.. Meanwhile, Wintrust is set to acquire Macatawa Bank, which is a Michigan state-chartered bank headquartered in ...