A proposed rule to update the federal credit union (FCU) bylaws, published Tuesday in the Federal Register, is out for a 60-day public comment period that ends Jan. 14. Issued by the National Credit Union […]
A new loan-level dataset that provides insights into borrowers’ experiences in getting residential mortgages was released Thursday for public use by the consumer financial protection bureau and the federal regulator of the housing government-sponsored enterprises. […]
Spending plans that would raise the federal credit union regulatory agency’s total budget by 4.3% in 2019 and 2.7% in 2020 are scheduled for final consideration during the agency board’s Nov. 15 open meeting. The […]
Receiverships of the former Security Exchange Bank, Marietta, Ga., and First Cornerstone Bank, King of Prussia, Pa., were terminated Nov. 1, the Federal Deposit Insurance Corp. (FDIC) said in a filing for the Federal Register. […]
The payday lending rule’s effective date of Aug. 19, 2019, has been stayed by a federal court in light of a decision by the Bureau of Consumer Financial Protection (BCFP, formerly known as the CFPB) […]
The charter for the Mutual Savings Association Advisory Committee (MSAAC) has been renewed for two years, the Office of the Comptroller of the Currency (OCC) announced Thursday. The comptroller “has determined that the renewal of […]
Community Reinvestment Act (CRA) ratings of “satisfactory” for financial institutions evaluated by the Office of the Comptroller of the Currency (OCC) have dominated the evaluations issued by the federal regulator of national banks and federal […]
Public disclosure requirements for national banks and federal savings associations (FSAs) with “significant” market risk exposure would be renewed without change under a proposal issued by the nation’s top banking regulator for a 60-day public […]
Success in taking over the House of Representatives as a result of Tuesday’s elections will likely mean the beginning of new scrutiny by the Democrats for regulators’ proposals already issued, and for those ahead. The […]
Expanding the number of banks and savings associations eligible for streamlined reporting – to include those with assets under $5 billion and not engaged in “certain complex” or international activities – was proposed Wednesday by […]
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