The OCC Mortgage Metrics Report, 4th Quarter 2016 showed the overall performance of first-lien mortgages continue to improve and delinquency rates continue to decline. The report is available on the OCC’s website and provides information on performance through December 31, 2016.

https://www.occ.gov/news-issuances/news-releases/2017/nr-occ-2017-35.html

The CFPB proposed amendments to Regulation B to facilitate compliance with the new HMDA data collection and retention requirements.

https://files.consumerfinance.gov/f/documents/201703_cfpb_NPRM-to-amend-Regulation-B.pdf

The NCUA’s Field-of-Membership Webinars and FAQs are available for review online. NCUA expects to have new guidance on community charters, rural districts, multiple common-bond expansions, including underserved areas, office or industrial park tenants and select employee group contracts, trade, industry or profession groups, and credit unions serving a branch of the US armed forces.

https://www.ncua.gov/newsroom/Pages/news-2017-march-field-membership-webinar-questions-answers-online.aspx

The CFPB’s Office for Older Americans issued best practices for banks and credit unions to aid in the prevention and detection of elder financial exploitation. The advisory and report include broad recommendations that should be considered in the institution’s assessment of its current practices.

https://www.consumerfinance.gov/data-research/research-reports/recommendations-and-report-financial-institutions-preventing-and-responding-elder-financial-exploitation/

The Federal Reserve System’s 10th biennial Community Development Research Conference will be on March 23 in Washington DC. The conference theme will be Strong Foundations: The Economic Futures of Kids and Communities. The conference will look at the relationship between children and community conditions and focus on early childhood development, education and workforce, and community conditions.

https://www.federalreserve.gov/newsevents/pressreleases/other20170321a.htm

The video is now available on the NCUA’s website from the February 23 open meeting. The Board unanimously approved to maintain the current 18% maximum loan interest rate for loans made by federal credit unions. The Board also received a briefing from the CFO on the NCUA’s Share Insurance Fund. The video can be accessed on the NCUA’s website.

https://www.ncua.gov/newsroom/Pages/news-2017-march-february-board-meeting-video-available.aspx

The CFPB submitted its 6th annual Fair Debt Collection Practices Act summarizing activities conducted by the CFPB and the FTC during 2016 relating to debt collection. The report provides background information, a summary of complaints received by the CFPB and the FTC, enforcement actions, outreach initiatives, and developments in rulemaking, policy and research.

https://www.consumerfinance.gov/data-research/research-reports/fair-debt-collection-practices-act-annual-report-2017/

OFAC added two names to the SDN List.

https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20170317.aspx

The CFPB released its plan to assess the effectiveness of the remittance transfer rule and is requesting comments and information that may be useful in its plans for its assessment.

https://www.consumerfinance.gov/policy-compliance/notice-opportunities-comment/open-notices/notice-and-request-comment-regarding-remittance-rule-assessment/

NACHA released its government relations update discussing OCC’s evaluations Fintech Charter Applications, the next President of the FRB Atlanta, Effective Date Extension for CFPB proposed rule on prepaid accounts, ACA repeal, and Faster Payments Taskforce.

https://www.nacha.org/NACHA-Government-Relations-Update-Mar-16-2017