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FDIC recommends strategies for community banks to partner with CDFIs

USA - May 30 2014 The FDIC has issued guidance for community banks on strategies to meet community credit and development needs and receive consideration under the…

Kenneth F. Ehrlich, Matthew D. Hanaghan, Michael K. Krebs, Beth H. Mitchell

CFPB proposes amendment of qualified mortgage rule

USA - May 30 2014 The CFPB on April 30 issued a proposed amendment to its home mortgage loan rules that would, in limited circumstances, allow lenders that have…

Kenneth F. Ehrlich, Matthew D. Hanaghan, Michael K. Krebs, Beth H. Mitchell

Banking law modernization bill progressing in Massachusetts legislature

USA - May 30 2014 The House Ways and Means Committee of the Massachusetts General Court has reported out the banking law modernization bill sponsored by the…

Kenneth F. Ehrlich, Matthew D. Hanaghan, Michael K. Krebs, Beth H. Mitchell

SEC provides guidance on investment adviser due diligence for alternative investments

USA - May 30 2014 The SEC has issued examination guidance for investment advisers that manage or recommend alternative investments to their clients on due diligence…

Kenneth F. Ehrlich, Matthew D. Hanaghan, Michael K. Krebs, Beth H. Mitchell

CFPB proposes amendments to privacy rule

USA - May 30 2014 The CFPB on May 6 proposed amendments to its Regulation P (Privacy of Consumer Financial Information) that would allow companies, including banks…

Kenneth F. Ehrlich, Matthew D. Hanaghan, Michael K. Krebs, Beth H. Mitchell