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CFPB - Banking Exchange
Communication key, as CFPB attention raises stakes for often-misunderstood loans
Excessive regs not addressed in study
Everyone in the credit reporting chain’s on the hook now—including banks
SNL Report: Unexpectedly, small lenders gain market share under QM
Focus groups reveal frequent misunderstandings
Emphasis on security, transparency, accessibility, affordability
Answer begins by defining “good”
SNL Report: Expected CFPB changes could chew beyond community bank revenues
Best judges of what looks like a problem likely already work for your bank
In absence of clear rules, understanding UDAAP takes some close inspection
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