CSBS general counsel John Gorman dies after battle with cancer
John “Buz” Gorman, an influential figure in the world of bank supervision, passed away Monday following an eight-month battle with cancer.
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John “Buz” Gorman, an influential figure in the world of bank supervision, passed away Monday following an eight-month battle with cancer.
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A Connecticut Superior Court Judge has reviewed a long-running legal dispute that could define the role loan officers in direct mortgage operations play in originations.
The House passed the Financial CHOICE Act (H.R. 10) in June 2017. The CHOICE Act is a comprehensive financial regulatory reform bill that would replace large parts of the 2010 Dodd–Frank Act. The Senate has not yet passed its own reform bill, but the Senate Banking Committee recently passed the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155) with votes from four Democratic members of the committee.
In June 2017, the House passed H.R. 10, the Financial CHOICE Act. The CHOICE Act is a comprehensive financial regulatory reform bill that would replace large parts of the 2010 Dodd–Frank Wall Street Reform and Consumer Protection Act. The cornerstone of the CHOICE Act is a regulatory off-ramp, a provision that provides regulatory relief to all banks that choose to maintain a higher equity–capital ratio than currently required.