On the eve of a sister regulator moving forward in publicly proposing revisions to rules implementing anti-redlining laws at banks, the chair of the Federal Reserve made it clear that his agency is not ready […]
Receiverships of two banks formerly headquartered in Connecticut and Alabama were terminated Dec. 1 by the Federal Deposit Insurance Corp. (FDIC), according to a notice this week in the Federal Register. The terminated receiverships were […]
The chairman of the federal agency that insures bank deposits set the stage Wednesday for a proposed brokered deposits rule queued up for discussion during this week’s open board meeting, with the proposal expected – […]
A final, revised rule on payday lending is anticipated for April of next year, the director of the Consumer Financial Protection Bureau (CFPB) said Tuesday, following review of approximately 190,000 comments from stakeholders. In a […]
Comments on a Federal Reserve proposal to establish risk-based capital requirements for depository institution holding companies that are “significantly engaged” in insurance activities are due Jan. 22 under an extension published in Tuesday’s Federal Register. […]
Citing a laundry list of 94 separate items – under six separate categories – of “work” accomplished, the director of the federal consumer financial protection agency Tuesday celebrated her first year as head of the […]
Five of the total 37 recommendations the congressional watchdog agency has made to financial regulators since enactment of the 2010 law responding to the financial crisis have yet to be implemented, according to a report […]
The removal of tax liens and civil judgments from consumers’ credit reports in recent years did not have a large impact on the relationship between credit scores and consumers’ credit performance, the Consumer Financial Protection […]
New violations and compliance management system weaknesses under the Fair Credit Reporting Act (FCRA) and Regulation V are outlined in the 20th issue of “supervisory highlights” published by the federal consumer financial protection agency Monday. […]
A new section on sweep account disclosures was added this month to the Consumer Compliance Examination Manual (CEM) published by the Federal Deposit Insurance Corp. (FDIC), the agency said in an email Tuesday. The new […]
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