Weekly Regulatory Deadlines | January 15 to January 21

Crowdfunding Aims To Fill Community Banking Gap

Source: Finextra

Authority To Require Supervision and Regulation of Certain Nonbank Financial Companies

FSOC | Securities | Final Rule

Certain Swap Data Repository and Data Reporting Requirements

CFTC | Securities | Proposed Rule

Agency Information Collection Activities: Proposed Collection; Comment Request; Registration of Mortgage Loan Originators

NCUA | Mortgage Lending | Notice

Request for Information on a Framework for Analyzing the Effects of FDIC Regulatory Actions

FDIC | Securities | Notice

Proposed Collection of Information: Offering of U.S. Mortgage Guaranty Insurance Company Tax and Loss Bonds

Bureau of the Fiscal Service | Mortgage Lending | Notice

Crowdfunding Aims To Fill Community Banking Gap
PYMNTS.com 01/20/2020
Community banks are often the familiar faces of the financial services world, and when small businesses seek capital, their neighborhood financial institution can be a promising place to start...
Read More

4 questions as CFPB closes in on revamp of key mortgage rule

4 questions as CFPB closes in on revamp of key mortgage rule
American Banker 01/21/2020
The Consumer Financial Protection Bureau's willingness to extend a special regulatory exemption for Fannie Mae and Freddie Mac is welcome news for the mortgage market. But the agency is also signaling longer-term changes to its underwriting rule that will affect all mortgage lenders...
Read More

Citibank fined nearly $18 million for flood insurance violations

Citibank fined nearly $18 million for flood insurance violations
American Banker 01/21/2020
Citibank is on the hook for just under $18 million in flood insurance violations, according to the Office of the Comptroller of the Currency...
Read More

Deep Dive How Digital upgrades Help Healthcare Providers Cash Flow

Deep Dive: How Digital Upgrades Help Healthcare Providers’ Cash Flows
PYMNTS.com 01/21/2020
Healthcare providers must carefully safeguard their cash flows to operate, but many face hurdles to getting fully compensated for provided services. The American Hospital Association (AHA) told PYMNTS via email that hospitals often prefer that insurance companies pay them through the low-cost, digital Healthcare Electronic Funds Transfer standard. Hospitals otherwise may get paid via paper check or virtual cards, but AHA said the high processing charges associated with the latter make it particularly undesirable...
Read More

US Bank Seeks Win On Ambac's Last Trust Insurer Claim
Law 360 01/21/2020
U.S. Bank NA is looking for a victory on the final claim left in Ambac Assurance Corp.'s lawsuit over the bank's handling of proceeds from a mortgage-backed securities trust allegedly backed by bad Countrywide loans...
Read More

X