On June 25, 2020, federal banking and securities regulators issued new regulations that will ease burdens on banks that involve themselves with certain types of investment funds. By creating new exclusions from the definition...more
7/2/2020
/ Banks ,
Community Reinvestment Act ,
Debt Instruments ,
Final Rules ,
Internal Revenue Code (IRC) ,
Investment Advisers Act of 1940 ,
New Regulations ,
Qualified Opportunity Funds ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Volcker Rule
Why it matters -
Federal regulators said they don’t expect perfection from banks trying to comply with the new mortgage disclosure requirements but will not turn a blind eye with regard to enforcement. In letters to...more
10/20/2015
/ Consumer Financial Protection Bureau (CFPB) ,
Disclosure Requirements ,
Dodd-Frank ,
Enforcement Actions ,
Fannie Mae ,
FDIC ,
Final Rules ,
Freddie Mac ,
Good Faith ,
GSE ,
Mortgage Brokers ,
Mortgage Lenders ,
Mortgage Servicers ,
Mortgages ,
OCC ,
Policies and Procedures ,
TILA-RESPA Integrated Disclosure Rule (TRID) ,
Training