Rachel Witkowski is a policy and regulation reporter at American Banker. She focuses on coverage of the OCC, FDIC, anti-money laundering and fintech regulation. Prior to her latest stint at American Banker, she worked for the Wall Street Journal covering fintech policy. She previously worked at American Banker covering the CFPB, where her investigative work was a finalist for a Jesse H. Neal award for business journalism.
The Consumer Financial Protection Bureau could consider expanding exemptions for small lenders from its qualified mortgage rule after it goes into effect on Friday, according to Richard Cordray, the agency's director.
Trustmark's company's earnings rose 2% from the second quarter and 9.5% from a year earlier, to $29.9 million. The Jackson, Miss., company said in a press release late Tuesday that higher revenue from insurance commissions.