Links in “Banks”

NBRS Financial in Maryland was the first bank failure since July. It is the 15th bank to fail this year, compared to 22 bank failures at this time last year. [10/20/14]

Survey finds lenders report a 30% increase in mortgage compliance costs over 2013. Compliance risk was identified as most lenders' top area of focus in 2014. [10/17/14]

Share no secrets, such as Social Security numbers or account info, to anyone who contacts you online or over the phone. That's the first of 8 tips offered by the ABA to help consumers ward off identity theft. Here are the other 7. [10/17/14]

CFPB proposes a policy that permits it to issue "no action" letters to financial institutions who may seek to float the idea for a new and innovative product that would benefit consumers, but where regulatory uncertainty is otherwise hindering the development of the product. Under the proposal, the agency could issue a letter indicating that it had "no present intention to recommend initiation of an enforcement or supervisory action." [10/17/14]

Hoping to keep customers who might otherwise be tempted to jump ship if their cards can’t be used with the newest iPhone, more than 500 financial institutions have now signed onto Apple Pay, including some regional banks. [10/17/14]

ABA promotes five "credit do's" and four "credit don'ts." Most consumers (55%) don't know their credit score. Finding that out is number one on the "do" list. [10/16/14]

“Some lenders became afraid of their own shadows" with the new mortgage rules, but others are discovering that there are still ways to make smart and sound loans to borrowers who don't fit the narrow box. [10/16/14]

Though Aug. 15, 2015 may seem like a ways off, here's why it's time to get going on implementing the new TILA-RESPA mortgage disclosure forms now and what you should be doing. [10/16/14]

Survey finds that 66% of Americans wish their relationships with their banks were more personal. This was among the findings of a survey that also found 41% of millennials are very interested in starting up their own business, compared to 34% for Gen Xers and 17% of boomers. [10/15/14]

Here's a look at what's behind the CFPB's two recently proposed changes to the TILA-RESPA Integrated Disclosure Rules and how they might impact financial institutions. [10/15/14]