Round out the summer with a read of the August WBA Compliance Journal. Learn highlights of the recently enacted GENIUS Act and of the passage of the Homebuyers Privacy Protection Act, known as the “Trigger Lead” bill. Once signed into law, credit reporting agencies will be prohibited from providing a consumer’s credit report to third parties in connection with a residential mortgage transaction unless strict criteria are met. Check out the “regulatory spotlight” section for summaries of recently published agency rules and notices and the “compliance notes” section for other news, including information from FinCEN regarding suspicious activity involving convertible virtual currency (CVC) kiosks. Also, be sure to check out the 2025 WBA Education calendar.
