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This year’s ABA Regulatory Compliance Conference (ABA RCC) has more than 40 sessions from which attendees can create a curriculum. Every year the sessions contain several interesting sounding options – this year is no exception. Here are a few of my favorites. High Risk Customers Love ‘Em or leave ‘Em It’s My Third Party, I Can Cry If I Want To… Next Gen Marketing: Bunnies, Boarders, Bathroom Breaks, and Banks? Mortgage Compliance: Why Do I

The American Bankers Association’s 29th annual Regulatory Compliance Conference opens today at the Washington Marriott Wardman Park in Washington, D.C. Over 1,700 bankers are expected to attend and choose from more than 40 sessions, presented by more than 140 presenters, covering all aspects of consumer financial regulatory compliance. Over 60 vendors are on site to display their wares. Watch for further details. We will be posting reports from Washington until adjournment at 12:15 p.m. on

During a May 12 speech at the National Association of Realtors conference in Washington, D.C. CFPB Director Richard Cordray took the time to dismiss some misconceptions regarding the TRID Truth in Lending Act/Real Estate Settlement Procedures Act Integrated Disclosures and he created a few misconceptions in the process. Director Cordray said the requirement to provide the new Closing Disclosure three business days before closing “should not interfere with a successful closing, as some have claimed.

It is that season again. Every time we approach the effective date of a major regulatory change various financial institution associations make last-ditch efforts to delay the changes or the impact of the changes. The outcome is always the same – nothing changes. The Truth-in-Lending/RESPA Integrated Disclosures (TRID) changes are no exception. Recently the American Bankers Association (ABA) petitioned the Consumer Financial Protection Bureau (CFPB) to provide a grace period that would allow more time

Life on the road often brings surprises, last week more so than usual. On Wednesday evening I was travelling from a seminar in Tulsa to Oklahoma City. It was a race to see who or what would arrive first – our car or the storm. The car finished first That evening the Oklahoma City area was hit be more than a dozen tornadoes. I tried to keep up with the breaking weather news as I sat