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Banking News
California Banker Challenges ‘Misinformation’ on S. 2155 HMDA Provision (5/22/2018) 
Opponents of S. 2155 are spreading “misinformation” about what S. 2155 does to the Home Mortgage Disclosure Act, a California banker wrote in a Sacramento Bee op-ed.
 
S. 2155 to Get Long-Awaited House Vote Tuesday (5/21/2018) 
The House is scheduled to vote tomorrow on S. 2155, the bipartisan financial regulation bill that passed the Senate in March.
 
Household Debt Increases for 15th Consecutive Quarter (5/18/2018) 
Outstanding household debt increased by 0.5 percent in the first quarter of 2018, rising by $63 billion to land at $13.21 trillion.
 
CFPB Updates TRID Compliance Guides (5/17/2018) 
The CFPB issued new versions of the small entity compliance guide for the TILA-RESPA integrated disclosures, as well as the guide to the loan estimate and the closing disclosure, the two TRID forms.
 
House Passes SBA 7(a) Reform Bill (5/9/2018) 
By a voice vote, the House yesterday passed H.R. 4743, a bipartisan bill that would strengthen the SBA’s oversight of its loan programs and increase its maximum lending authority.
 
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