Summing It Up listing page

By
Picture of Bruce Rumbold, CCBCO

Bruce Rumbold, CCBCO

Manager | Risk Advisory Services
What is Environmental, Social & Governance (ESG) and Why Does It Matter to Banks and Other Organizations?
By Bruce Rumbold, CCBCO on April 13, 2021

While Environmental, Social & Governance (ESG) has been around for some time and is more prominent from a regulatory perspective in the UK, it has been gaining traction in the U.S. What I...

Continue Reading
2021 RESPA Update: CFPB and Additional Mortgage Servicing Protections for Borrowers
By Bruce Rumbold, CCBCO on April 13, 2021

My last blog discussed the protections for financial institutions that were sunsetting as we ease out of this pandemic. The newly proposed rules are around RESPA (Reg X) and reducing...

Continue Reading
CFPB Rescinds COVID Regulatory Relief Policy Statements
By Bruce Rumbold, CCBCO on April 1, 2021

Effective today, the Consumer Financial Protection Bureau (CFPB) rescinded regulatory relief that was granted March through June 2020 mostly around consumer compliance and reporting...

Continue Reading
Fedline Advantage Hardware and Software Requirements: What You Need to Know
By Bruce Rumbold, CCBCO on February 11, 2021

The Federal Reserve announced several changes/requirements to enhance security over its payment and settlement platforms. Many of these requirements are very technical so we will try to...

Continue Reading
CFPB Provides Exemptions to the HPLM Escrow Rules
By Bruce Rumbold, CCBCO on January 28, 2021

The Consumer Financial Protection Bureau (CFPB) is providing additional relief to financial institutions. On January 19, 2021, the CFPB issued a final rule amending the Bureau’s 2013...

Continue Reading
Consumer Financial Protection Bureau Finalizes Ability to Repay and Qualified Mortgage Rules
By Bruce Rumbold, CCBCO on January 12, 2021

The Bureau of Consumer Financial Protection (still the CFPB) has finalized long-coming rules around Ability to Repay (ATR) and Qualified Mortgages (QM) under Truth in Lending (Reg Z)...

Continue Reading

Stay up to date