Information received from 16 large mortgage servicers this spring to identify areas of risk in servicers’ COVID-19 pandemic response suggests some delinquent borrowers aren’t getting the help they are due, the federal consumer financial protection […]
President Joe Biden’s (D) “intent to nominate” NCUA Board Chairman Todd Harper to a term ending in 2027 (and continue as chairman) puts one dent into the long list of financial regulator positions that still […]
Papers to support a discussion of recent research in consumer finance among financial regulators, academics, and the private sector are being sought for the 11th Consumer Research Symposium slated March 11, 2022, in Arlington, Va. […]
The president plans to renominate Todd Harper to be chairman of the National Credit Union Administration (NCUA) Board, the White House said in a release Friday. Senate Banking Committee Chairman Sherrod Brown (D-Ohio) lauded the […]
Four companies will submit proposals to a rapid-phased prototyping competition (RPP) aimed at accelerating adoption of modern technological tools, the federal insurer of bank deposits announced Monday. The tools, according to the Federal Deposit Insurance […]
A 2015 cease-and-desist order detailing unsafe and unsound practices in the foreign exchange (FX) operations of JPMorgan Chase & Co. (New York), and for which the firm was assessed a $342 million civil money penalty, […]
Individual capital requirements for large banks that will ensure $1 trillion in “high quality capital” – enough for the banks to weather a deep recession and keep lending – were announced Thursday by the Federal […]
Federal supervisory names and addresses for notices required by the Community Reinvestment Act (CRA) and Equal Credit Opportunity Act (ECOA) and for posters under the Fair Housing Act are provided in a bulletin issued Thursday […]
A bulletin for banks and examiners that conveys sound risk management principles related to engagement with Small Business Administration (SBA) guaranteed lending programs was issued Thursday by the Office of the Comptroller of the Currency […]
When it comes to central bank digital currencies (CBDCs), count as another skeptic Federal Reserve Board Member Christopher Waller, who Thursday expressed his doubts it would “solve any major problem confronting the U.S. payment system.” […]
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