The temporary interest rate ceiling of 18% for loans made by federal credit unions (FCUs) will run through March 10, 2026, the federal credit union regulator reminded in a letter issued Tuesday. The National Credit […]
Three out of the eight major retail chains included in a sample reviewed by the federal consumer financial protection agency were found to charge “cash back” fees at the register, a practice that the agency […]
A beta platform for testing the collection of small business data mandated by federal requirements was unveiled Monday by the federal consumer financial protection agency, which invited financial institutions and their technology service providers to […]
Comments on a proposed rule that would tighten up some of the easing provisions of the federal bank deposit insurer’s 2020 brokered deposits rule will be due no later than Oct. 22, according to a […]
A 37-year veteran of the federal credit union regulator is retiring from the agency, it said Friday, naming an acting regional director for the position she most recently held. The National Credit Union Administration (NCUA) […]
Comments are due Oct. 21 on a proposal to establish data standards for the collection of information reported to federal financial institution regulators by financial entities under their jurisdiction, the federal financial institution and other […]
A dozen enforcement-related actions – four formal agreements with banks, orders targeting six institution-affiliated parties, and two terminations of enforcement actions – were announced Thursday by the Office of the Comptroller of the Currency (OCC). […]
Taking prohibited foreclosure actions against borrowers requesting mortgage assistance, and other deficiencies, have resulted in $5 million in redress and penalties ordered by the federal consumer financial protection bureau against a Tampa-based mortgage servicer, the […]
Certain regulatory relief measures to help financial institutions and facilitate recovery in areas of South Dakota affected by severe storms, straight-line winds, and flooding were announced by the Federal Deposit Insurance Corp. (FDIC) Wednesday in […]
Requirements of last year’s regulatory revisions on banks’ use of the federal bank deposit insurance agency’s official sign and more are addressed in a set of questions and answers announced recently by the agency. Late […]
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