192 Enforcement Actions in the U.S. over past 30 days

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CFPB enforcements decreased 11% over the past 30 days

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SEC issued enforcements: $59,971,440.07 over the past 30 days

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69 Final Rules go into effect in the next 30 days

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35 Mortgage Lending docs published in the last 7 days

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167 docs with 1954 extracted obligations from the last 7 days

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39 new Proposed and Final Rules were published in the past 7 days

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2096 new docs in pro.compliance.ai within the last 7 days

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Introducing new content from WesPay

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US regulator invites Banking and Crypto industry leaders for partnership

US regulator invites Banking and Crypto industry leaders for partnerships

Source: Nairametrics

California Consumer Privacy Act (CCPA) - Notice of Proposed Rulemaking Action (NOPA)

CA-OAG | Privacy | Notice

Home Mortgage Disclosure (Regulation C)

CFPB | Lending, Mortgage Lending | Final Rule

Regulatory Notice 20-11 FINRA Amends Arbitration Code to Expand Options Available to Customers if a Firm or Associated Person Is or Becomes Inactive Effective Date: June 29, 2020

FINRA | Securities | Notices

NARA Facilities, Locations, Hours, and Public Use

NARA | Debt Collection | Final Rule

Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants

CFTC | Deposits, Securities | Final Rule

US regulator invites Banking and Crypto industry leaders for partnerships

US regulator invites Banking and Crypto industry leaders for partnership
Nairametrics 06/05/2020
The Office of the Comptroller of the Currency (OCC) in America, on June 4, announced that it was working with banks and crypto firms on improving the technological cooperation in the financial system…
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The Digital COVID Cure

The Digital COVID Cure
PYMNTS.com 06/09/2020
Remember when omnichannel was “the thing” that would save retail? More recently it’s been payments choice. As summer 2020 gets underway and reopening along with it, digital as a way of operating smarter and faster … without having to touch anything … is the surest bet now. “States across the U.S. are following through with…
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CFPB Issues Updated CHARM Booklet
Consumer Finance Monitor 06/09/2020
The CFPB recently announced the availability of an updated Consumer Handbook on Adjustable Rate Mortgages, often referred to as the “CHARM booklet.” The Federal Register notice regarding the public availability of the updated booklet is available here. The biggest difference in the updated booklet is its size. The prior version issued in 2014 is 41…
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National Mortgage News

Multimillion-dollar mortgage fraud alleged in Oklahoma City
National Mortgage News 06/09/2020
A federal grand jury indicted Ronald J. McCord, 69, of Oklahoma City, on charges of defrauding two banks, Fannie Mae, and others of millions of dollars, money laundering, and making a false statement to a financial institution, said Timothy J. Downing, U.S. attorney for the Western District of Oklahoma…
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First Bank debuts Kids Cash and Plinqit savings app
Finextra Research Headlines 06/09/2020
First Bank announced today that it has partnered with HT Mobile Apps (HTMA) to offer Kids Cash…
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