adminIn a vote that was much wider than expected, the U.S. House passed H.R. 3192, the Homebuyers Assistance Act. The bill was introduced after the CFPB’s new TILA-RESPA rules were introduced. The bill’s sponsors said their was a lack of...
The three sponsors of HR 2769, the Risk-Based Capital Study Act, sent a letter to NCUA Chairman Debbie Matz outlining steps the regulator should implement concerning risk-based capital. Reps. Bill Posey (R-FL), Stephen Fincher (R-TN), and Denny Heck...
The third quarter issue of Signal Magazine is now available online. Visit the League website and click on the Publications section under the Communications tab to view the newest issue. This issue includes articles such as: Image Campaign Delivering...
The mobile-payments system, which marks its one-year anniversary this month, has failed to catch on with consumers, accounting for only one percent of all retail transactions in the U.S., according to researcher Aite Group. The service – which...
A new study by the European Cybercrime Centre backs up most people’s fears, cybercrime is getting worse, more sophisticated, and authorities cannot keep up. The 2015 Internet Organised Crime Threat Assessment (IOCTA) looks at all forms of...
Earlier this year, the CFPB offered revisions to Reg Z’s definition of small creditor, and rural and underserved areas, under the Truth in Lending Act (Rule). The revisions were officially listed in the Federal Register today. The Rule becomes...