Bank Regulators Issue New CRA Final Rule Proposal

By: ameer@trustedteam.com

The federal banking agencies believe returning to the 1995 CRA regulation is the “the most effective” way to provide certainty regarding CRA requirements.

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CFPB Withdraws Rule to Nix State Enforcement Notice

By: ameer@trustedteam.com

The final rule would have rescinded procedures that require a state official to notify the bureau when they take action to enforce the Consumer Financial Protection Act.

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Republicans in House Plan Major Rollback of DFA

By: ameer@trustedteam.com

House Republicans want to put a stop to the CFPB’s “regulation by enforcement” among other efforts aimed at scaling back the Dodd-Frank Act.

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House Republicans Introduce Slew of CFPB-Focused Bills

By: ameer@trustedteam.com

The bills seek to scale back activities at the CFPB, including proposals aimed at Section 1071 small business lending data collection.

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Credit Reporting Complaints Rise in Second Quarter

By: ameer@trustedteam.com

Most of the complaint categories saw small moves during the second quarter, but consumer discontent regarding credit reporting stood out. (Includes two data tables.)

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Broker Spotlight: Helen Avis on mastering the expat mortgage market

By: ameer@trustedteam.com

‘Don’t try to time the market perfectly. It’s about planning with flexibility’

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Broken love, brilliant loan: Why divorces are a golden opportunity for brokers

By: ameer@trustedteam.com

The call from the broker came just after 9pm. “Hey mate, I need to talk. It’s urgent.” He had one of those clients. Reliable, successful, usually calm under pressure....

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How brokers are shaping the open banking landscape

By: ameer@trustedteam.com

The broking industry is at the forefront of open banking integration. A recent panel discussion reflected on how far Consumer Data Right (CDR) has come and how far we...

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AMP Bank sees steady growth in mortgages amid market volatility

By: ameer@trustedteam.com

What this means for brokers and the property sector

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AFG acquires stake in boutique brokerage Loan Path Finance

By: ameer@trustedteam.com

The investment signals broader consolidation in the broker market

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