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- December 22, 2020To Whom It May Concern: The Consumer Bankers Association (CBA) is pleased to submit these comments to the Bureau of Consumer Financial Protection, Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and National Credit Union Administration (together, the “Agencies”) in response to the Notice of Proposed Rulemaking (...
- December 3, 2020 - 2:00PMPastDecember 2, 2020 - 1:00PMPastNovember 16, 2020To Whom It May Concern: The Bank Policy Institute (“BPI”), the American Bankers Association (“ABA”), the Bankers Association for Finance and Trade (“BAFT”), the Center for Capital Markets Competitiveness (“CCMC”), the Consumer Bankers Association (“CBA”),the Independent Community Bankers of America (“ICBA”), the Institute of International Bankers (“IIB”) and the Securities Industry and Financial...October 28, 2020 - 2:00PMPastOctober 26, 2020On Monday, October 26, 2020, the Bureau issued a press release regarding a consent order against Low VA Rates LLC (Low VA Rates) to address the Bureau’s finding that Low VA Rates sent consumers mailers for mortgage loans guaranteed by the U.S. Department of Veterans Affairs (VA) that contained false, misleading, and inaccurate statements. Low VA Rates’ conduct violated the Consumer Financial...July 23, 2020WASHINGTON, DC – Consumer Bankers Association President and CEO Richard Hunt issued the following statement on the Senate’s passage of legislation to prevent the garnishment of COVID stimulus payments: “Americans are continuing to battle not only the health but also economic impact of the COVID-19 pandemic. “This legislation is consistent with efforts by both consumer and banking groups to...