A memorandum and resolution on a Deposit Insurance Fund (DIF) restoration plan will be discussed during an open meeting next Tuesday by the Federal Deposit Insurance Corp. (FDIC) Board, which will be viewable online via […]
The federal research office charged with helping to promote financial stability on Wednesday announced the launch of two data tools which will inform the public about U.S. repo and short-term funding markets, which together can […]
Federal regulators have extended until Nov. 3 the public comment deadline on their proposed update to interagency questions and answers regarding flood insurance, the agencies announced recently. In a Sept. 1 release, the regulators – […]
A “tech sprint” aimed at developing innovative approaches to electronically delivered adverse action notices will be held Oct. 5-9, the federal consumer financial protection agency announced Sept. 1. According to the Consumer Financial Protection Bureau […]
The three advisory panels to the Consumer Financial Protection Bureau (CFPB) that represent community banks, credit unions, and consumers are set to meet Sept. 23 by conference call to discuss regulatory matters and the impact […]
Debt collection operations in New York that allegedly used illegal methods – including bullying, harassment and threats – to collect debts now face charges from both the federal consumer financial protection agency and the state […]
Consumers have not fallen significantly behind in making their loan payments during the coronavirus crisis, a report from the federal consumer financial protection agency asserted last week based on credit record data analyzed by the […]
Of the 76 banks assigned Community Reinvestment Act (CRA) evaluation ratings in June, three were found to be “outstanding” and three were rated “needs to improve,” according to results released Friday by the Federal Deposit […]
Risks of “regulatory capture” – the phenomenon of a regulator acting in the interest of the regulated industry rather than the public interest – could be better documented by the federal insurer of bank deposits, […]
A Massachusetts man who allegedly conspired to seek more than $500,000 in forgivable loans through the Small Business Administration (SBA) Paycheck Protection Program (PPP) – and who reportedly faked his own death following charges and […]
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