The FCC proposal would allow consumers who have provided prior express consent to receive autodialed or prerecorded voice calls to revoke consent through any reasonable means.
The MBA warned that given the current market and regulatory pressures in the mortgage industry, the increased cost of compliance may force smaller firms to combine operations or exit the lending business.
Mortgage Bankers Association President and CEO Bob Broeksmit said the proposed capital requirements don't address the reasons banks failed earlier this year.
Waters called for various community benefits to be included in FTC approval of the merger, along with antitrust provisions and cooperation between the FTC and Financial Stability Oversight Council on oversight of the combined ICE entity.
Birmingham, AL-based Regions Bank will pay the Federal Reserve $2.95 million for violating the regulation implementing the National Flood Insurance Act.
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