Archive

RCC QUICK NOTES

CFPB Presentation Steven Antonakes, CFPB’s Deputy Director for Supervision, was the luncheon speaker at the ABA’s Regulatory Compliance Conference today. He delivered a very positive message about the state of the compliance industry. He was also soliciting job applicants from the podium. Reportedly the ABA is requesting a commission for any successful hires resulting from RCC contacts.   Unloved Vendors The ABA does an admirable job of routing RCC attendees through the Marketplace. An unofficial […]

HOMECOMING WEEK IN NOLA

The ABA Regulatory Compliance Conference (RCC) got off to big start over the weekend. The Hyatt Regency in New Orleans is packed with conference attendees. It is always good to run into friends, clients and new acquaintances in the hallways. The RCC consists of 82 sessions, with many repeats. There are always a few session titles that are eye catching. A long line of regulators, consultants and attorneys were spotted trolling for business outside a […]

ABA REGULATORY COMPLIANCE CONFERENCE

The ABA’s Regulatory Compliance Conference (ABA RCC) will be held in New Orleans from June 8 – 11, 2014. Hundreds of bankers attend this annual event. If you are attending the ABA RCC, expect long days in the Hyatt Regency choosing from more sessions than any one person can possibly attend and hot nights prowling the French Quarter and Bourbon Street. If you are unable to attend, check this blog daily for updates regarding conference […]

CFPB’s eCLOSING PILOT

Recently the CFPB announced plans to launch an eClosing pilot project in the fall of 2014. The project is supposed to improve the closing experience for consumers. The project is being launched before the new integrated disclosures, the loan estimate and the closing disclosure, take effect. The CFPB has control over the two integrated disclosures, but many other forms involved in closing are not under the CFPB’s control. The success of the pilot will depend […]