Preventing “avoidable foreclosures” as the emergency federal foreclosure protections expire is the aim of a set of rules proposed Monday by the federal consumer financial protection agency. In a release, t he Consumer Financial Protection […]
The council created under the 2010 Dodd-Frank Act to monitor financial system stability will reconvene a hedge fund working group that last reported to the council in 2016, according to a readout of a meeting […]
The umbrella Federal Financial Institutions Examination Council (FFIEC) has published its 2021 version of “A Guide To HMDA Reporting: Getting It Right!” for use by institutions in preparing data for their March 1, 2022, reports […]
Banks’ consolidated reports of condition and income for the first quarter ending March 31, 2021, are, in most cases, due to the Federal Deposit Insurance Corp. (FDIC) by April 30, with temporary asset thresholds allowed […]
Three “outstanding” and 48 “satisfactory” Community Reinvestment Act (CRA) evaluation ratings were assigned to banks in January by the federal bank deposit insurer, according to the agency’s list released Friday. The three banks rated “outstanding” […]
A current Treasury official will head up the agency’s financial crimes enforcement unit on an acting basis once the incumbent director leaves office April 9, the agency said Friday. The Treasury Department said Michael Mosier, […]
Interest rate risk (IRR) data gathered during examinations of midsize and community national banks and federal savings associations were published Thursday by their federal regulator. The Office of the Comptroller of the Currency (OCC) said […]
Declaring “no time to waste, and no excuse for inaction,” the acting director of the Consumer Financial Protection Bureau (CFPB) on Thursday issued Bulletin 2021-01 containing compliance and policy guidance for mortgage servicers in their […]
A set of frequently asked questions (FAQs) providing existing legal interpretations related to a half-dozen of the Federal Reserve Board’s rules were published Wednesday and will be updated periodically, the Fed said. The Fed said […]
A final rule that outlines and confirms the use of supervisory guidance for regulated institutions – and specifying that supervisory guidance does not have the force and effect of law – was announced Wednesday by […]
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