The Federal Reserve Board’s community banking representative talked up the central bank’s planned real-time payment settlement service, FedNow, as well as her own push for regulators to share more information on third-party service providers with […]
Including “consumer financial protection” among his four priorities as a credit union regulator, National Credit Union Administration (NCUA) Board Member Todd Harper on Wednesday reiterated his desire to see the agency strengthen its own focus […]
Disclosures for home mortgages under the so-called “know before you owe” rule and lender credits are the subjects for frequently asked questions (FAQs) published by the federal consumer financial protection agency, released Wednesday. The FAQs […]
The second-in-command at the federal consumer financial protection agency is stepping down and will join a Washington law firm next month. According to a press release from the law firm, Johnson will join the firm […]
A webinar focusing on credit union service to low-income and underserved communities will be hosted March 11 by the National Credit Union Administration’s (NCUA) Office of Credit Union Resources and Expansion and will include representatives […]
A new guide to help financial technology companies and others partner with banks was announced Monday by the Federal Deposit Insurance Corp. (FDIC). The guide, “Conducting Business with Banks: A Guide for Third Parties,” was […]
The federal credit union regulatory agency’s recent sale of taxi medallion loans acquired through liquidations of credit unions was preceded by a “thorough” vetting of bidders to ensure only reputable firms dedicated to working in […]
Banks made 1.5% less money in 2019 than the previous year, but still cleared more than $233 billion in profits – the second-highest ever, the federal insurer of bank deposits said Tuesday. In releasing fourth-quarter (and […]
May will be a big month for two rules – through proposed amendments to “qualified mortgage” (QM) regulations and finalized remittances regulations – from the federal consumer financial protection agency, its director said Tuesday. Specifically: […]
The recently announced sale of the agency’s taxi medallion loan portfolio to Marblegate Asset Management LLC was the best option for meeting the agency’s statutory obligation to achieve the least long-term cost to the National […]
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