HMDA reporting requirement extends to more banks
National Mortgage News 01/06/2023
Going forward, the loan volume reporting threshold is set at 25 closed-end mortgage loans originated in each of the two preceding calendar years, according to a bulletin published on the agency’s website in early February…
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ESG in 2023: Politics and Polemics
Harvard 01/06/2023
ESG is poised to become a major element of nonfinancial reporting at the very moment that it is becoming highly controversial and politicized. New European Union rules regarding mandatory ESG reporting will affect public and private U.S. companies that meet certain…
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OCC announces loan origination threshold changes
ABA Banking Journal 01/01/2023
The Office of the Comptroller of the Currency today issued a bulletin to inform banks and examiners that the loan origination threshold for reporting Home Mortgage Disclosure Act data on closed-end mortgage loans has changed due to a recent court decision…
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SEC Case Is A Warning Governance Tokens May Be Securities
Law360 01/06/2023
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition…
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ABA urges flexible approach to climate risk guidelines
ABA Banking Journal 01/06/2023
The Federal Reserve’s proposed guidelines to help large banks mitigate climate change risks need to be flexible to implement, and they should not be applied to community banks, the American Bankers Association said today in a letter to the agency…
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