Competition for quality loans is strong, as evidenced by eased underwriting – something that warrants “continued focus” on underwriting practices to keep an eye on credit risk and lender complacency, the regulator of national banks […]
The Federal Deposit Insurance Corp. (FDIC) is planning to renew three information collections regarding insured institutions and is accepting public comments for 60 days. The information collections are titled “Interagency Supervisory Guidance for the Supervisory […]
A ‘town hall’ webinar for bank and nonprofit staff who train or serve entrepreneurs is being held next month by the Federal Deposit Insurance Corp. (FDIC). Dubbed “Money Smart for Small Businesses,” the webinar will […]
The Senate, voting 69-24, on Thursday confirmed Jelena McWilliams to be chairman of the Federal Deposit Insurance Corp. (FDIC) Board. McWilliams’ nomination to a six-year term on the board was approved on voice vote. McWilliams […]
The federal regulator of credit unions is proposing a second payday loan option – and perhaps even a third – that it hopes will lead to a “safe harbor” from the federal consumer financial protection […]
A financial institutions “regulatory relief” bill that exempts more banks from proprietary trading restrictions, waives certain mortgage lending rules and eases some banks’ stress-test and capital requirements was signed into law by President Donald Trump Thursday […]
The federal regulator of credit unions on Wednesday filed an appeal of a March 29 federal district court ruling vacating two provisions of the agency’s chartering and field-of-membership (FOM) rule. The American Bankers Association (ABA), […]
Federally insured credit unions will receive a $735.7 million “distribution” as early as July, the National Credit Union Administration (NCUA) Board was told Thursday, the result of a dividend from the federal insurance fund that […]
Several provisions for reforming the federal consumer financial protection bureau – and reflecting proposals made by the acting director of the agency this spring – are included in a financial services appropriations bill that is […]
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