Links in “Banks”

While the original plan for mortgage rule revisions provided for a marginally adequate one-year implementation period, the latest round of revisions expect in August or later reduces the implementation period to less than five months for some provisions. [6/26]

Among the revisions to mortgage rules is a change that seeks to clarify qualifications and compensation guidelines to be considered a loan originator so that tellers and admins don't get caught up in that definition. [6/26]

Guarding against hactivists requires a broad set of defensive tools combining on-premise tech and cloud-based scrubbing. [6/26]

Abysmal rating for banking industry as a whole, but surprising level of customer love for their banks. [6/26]

Issues 171-page proposal intended to ease implementation of the final mortgage rules, but is yet another proposal to a series of final rules that already have been through the proposal process and already have an effective compliance date. [6/26]

Q&A on some of the most common questions asked about Servicemembers Civil Relief Act. [6/25]

An auditor's questioning of a bank's handling of Reg. CC and its relation to Subpart C 229.33(d) results in a closer look at the definition of a depositary bank. [6/25]

Testifies that community bank lenders who retain the full risk of a borrower’s default should be presumed to have determined a borrower’s ability to repay. [6/24]

Banks in Missouri, Kansas, Nebraska and Mississippi hit with C&D and civil money penalties. [6/24]

Several waves of dedicated denial of service attacks on large banks have created huge drains on resources, creating all-hands-on-deck emergencies, some lasting days or weeks; what small banks can learn from these attacks. [6/24]