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Compliance Management - Banking Exchange
BoA Pays $12M Fine for Mortgage Data Misreporting
The CFPB has levied the fine for failing to collect information on some mortgage applications
CFPB Proposes Extending Supervision to Nonbank Payment Providers
The regulations would ensure nonbank financial companies adhere to the same rules as large banks and credit unions
CRA Lending Will Suffer If Capital Requirements Rise, Banks Argue
The ABA and Bank Policy Institute also claim that Section 1071 data rules could negatively impact community-based lending
Fed Cracks Down on Farmington’s Wind-Up
Small community bank caught up in FTX scandal is selling its assets to Bank of Eastern Oregon
Banking Groups Push for Delay 1071 Rule
The CFPB should wait until the Supreme Court rules on its funding, say industry bodies
Criticism has Already Started as Regulators Set Out New Capital Requirements
Banking industry leaders quick to oppose plans to raise liquidity requirements for the biggest banks
Capital Requirements Raise ‘Serious Issues’, Say Banking Groups
Banks up the pressure on regulators to revisit proposed Basel III capital rules in letter to Fed chair
Bank of America Fined $250M Over ‘Illegal’ Fees
CFPB and OCC step in after investigation finds “double-dipping” and unauthorized accounts practices
Deeper Fragility in the Banking Sector: Why Recent Turbulence Isn’t Just a Passing Phase
The recent collapse of many major US banks is simply symptomatic of an underlying issue in the banking sector, explains Senior Market Analyst at Trade Nation David Morrison
OCC Seeks Input on Trust in Banking
The banking sector regulator wants to establish a regular survey to gauge consumer trust
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