Pace University on Friday won the 16th annual national College Fed Challenge, a competition held by the Federal Reserve to encourage students to learn about the U.S. economy, monetary policymaking and the Fed’s role. The […]
Akshay Aiyer, a former currency trader, was convicted Wednesday in the U.S. District Court for the Southern District of New York for his participation in an antitrust conspiracy to manipulate prices for emerging market currencies […]
Questions and answers about real estate disclosure compliance will be offered during a teleconference sponsored by the federal insurer of bank deposits Dec. 11. The teleconference on Truth in Lending Act (TILA) and Real Estate […]
Civil money penalties totaling $42,500 were assessed against two former executives of JPMorgan Chase Bank, N.A., and Morgan Stanley who retained records containing nonpublic information from the Office of the Comptroller of the Currency (OCC) […]
Title: Real Estate Appraisals Subject: Appraisals Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is amending the agency’s regulation requiring appraisals for certain residential real-estate related transactions. The final rule increases the threshold […]
Appearances before the Senate and House oversight committees will be on the agendas after the Thanksgiving holiday for federal financial institution regulators as both panels are planning hearings the first week of December. The Senate […]
Banking industry financial results for the quarter ending Sept. 30, 2019, are slated for release at 10:30 a.m. next Tuesday by the Federal Deposit Insurance Corp. (FDIC), according to information on the agency’s website. This […]
A report is expected to be released this month on a material loss review of the now-closed CBS Employees Federal Credit Union (Studio City, Calif.), which is estimated to have cost the federal fund that […]
A proposed rule raising the threshold for mandatory appraisals on residential real estate from $250,000 to $400,000 – which would match, if approved, the appraisal level set by federal banking agencies just last month – […]
Persons convicted of minor offenses, including those who were young adults at the time, would no longer need a waiver to get a job at a credit union from the federal regulator, the agency’s board […]
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