Risk
August 14, 2023The crisis stemming from the Covid-19 pandemic has created significant volatility and uncertainty in the real estate market. At least 30% of Americans with home loans — about 15 million households — could stop paying if the U.S. economy remains closed through the summer of 2020 and beyond. To effectively mitigate this risk, lenders should proactively evaluate processes and technology and...
June 21, 2023Rising interest rates can have a significant impact on financial institutions. In today’s rapidly changing rate environment, it is increasingly important for FIs to understand and take action to prevent significant risk to their institutions. Download white paper here .
April 10, 2023Nearly 2,000 of the industry’s top leaders recently gathered in Las Vegas for retail banking’s premier annual event – CBA LIVE 2023. From navigating digital innovations to preparing for all things CFPB and beyond, this year’s conference featured more than 70 hours of dynamic programming focused on the most pressing issues facing banks today. In a new highlight video, the Consumer Bankers...
July 30, 2021Ladies and Gentlemen: On behalf of this country’s banks, of all sizes and structures, the undersigned bank trade associations respectfully request that the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency (collectively, the “Agencies”) provide an additional 30 days for interested stakeholders to submit...
June 28, 2021Dear Chairs DeLauro and Quigley and Ranking Members Granger and Womack: On behalf of the Consumer Bankers Association (CBA), I write in opposition to the “Postal Non-Banking Financial Services Modernization Pilot Program” included in the fiscal year 2022 Appropriations Act for Financial Services and General Government. CBA is the voice of the retail banking industry whose products and services...
June 11, 2021To Whom It May Concern: The Consumer Bankers Association (“CBA”) appreciates the opportunity to offer comments in response to the Office of the Comptroller of the Currency (“OCC”), Board of Governors of the Federal Reserve System (“Board”), Federal Deposit Insurance Corporation (“FDIC”), National Credit Union Administration (“NCUA”), and Financial Crimes Enforcement Network’s (“FinCEN”) (...
June 7, 2021Managing a bankruptcy typically has four key stages—bankruptcy notification, Proof of Claim filing, case management, and cash processing. By carefully reviewing and optimizing each stage, you can dramatically reduce costs while retaining your team and supercharging them for maximum efficiency. This document covers: Four key stages of bankruptcy Seven best practices for bankruptcy teams Three ways...
March 16, 2021Collections organizations are initiating or enhancing digitalization to keep up with behaviors and preferences of a digital-first customer. In fact, 75% of industry executives surveyed plan to accelerate digitalization and automation across the business in 2021 (Bridgeforce Survey, Jan. 2021). This large push means organizations across the industry are weighing the pros and cons of building vs...
CBA Comment Letter on Proposed Interagency Guidance on Third-Party Relationships Risk Management