A proposed settlement over allegations of illegal mortgage lending discrimination against majority-Black neighborhoods in the greater Birmingham, Ala., would require a mortgage company in Wisconsin to pay a civil money penalty of $1.9 million, provide […]
A move across town is in the works for the southern region office of the federal credit union regulator, the agency said Wednesday. The National Credit Union Administration (NCUA) said its regional office, along with […]
Federal financial institution regulators and Florida’s financial regulatory office teamed up in a joint statement Tuesday on their supervisory considerations in addressing the needs of customers and financial institutions affected by Hurricane Milton. In a […]
Two letters to financial institutions were issued Tuesday to detail the measures in place to help financial institutions working in areas of Florida affected by this month’s Hurricane Milton and those in Arizona affected by […]
The public comment period on the federal bank deposit insurer’s proposed tightening of brokered deposit restrictions has been pushed from Oct. 22 to Nov. 21, the agency announced in a recent Financial Institution Letter (FIL). […]
Academic research papers on the use of artificial intelligence (AI) in banking and finance, including on topics such as the effect on financial stability and use for fraud, are being sought by the regulator of […]
The threshold will increase from $32,400 to $33,500 for higher-priced mortgage loans that are subject to special appraisal requirements, the federal banking and consumer financial protection agencies said Friday. The new threshold takes effect Jan. […]
Thresholds for consumer loan and lease amounts subject to certain protections of Regulation Z (Truth in Lending Act) and Regulation M (Consumer Leasing Act) will rise in 2025 from $69,500 to $71,900, federal agencies said […]
A chart for determining whether a nonbank entity is required to register an order under a rule from the federal consumer financial protection agency was published Thursday by the agency. The chart summarizes how the […]
Refinance risk in commercial lending at banks is addressed in a bulletin issued Thursday by the regulator of national banks. According to the Office of the Comptroller of the Currency (OCC), refinance risk occurs when […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info