How consumers’ financial profiles vary by levels of emergency savings and understanding the mortgage characteristics and demographics of borrowers who remained in forbearance in January 2022 are the topics of two, separate reports issued Wednesday […]
Updates intended to modernize policies and procedures for administrative proceedings at bank and credit union regulators were proposed Tuesday by the agencies. Specifically, the agencies said the proposal was intended to align the rules with […]
More than 96% of mortgages were current and performing at national banks and savings institutions at year-end 2021, up from about 93% a year earlier, their federal regulator said Tuesday. Foreclosures, the regulator said, increased […]
“Fake reviews,” “gag” clauses and other allegedly illicit practices related to consumer online evaluations of financial products are the subject of guidance issued Tuesday by the federal consumer financial protection agency. The guidance, according to […]
A formatting error on Regulatory Report’s website is temporarily limiting our ability to display some of the latest posts to this website. However, all posts that have been placed on this website since its unveiling […]
Delays of various FFIEC census products related to anti-redlining reporting, with the coronavirus crisis being blamed, will be released “in a sequential manner” as the data become available, the federal financial institutions’ umbrella group said […]
Ownership requirements related to shared locations are the only change made for multiple-common-bond federal credit unions adding groups or underserved areas under a new rule that took effect late last year, the institutions’ federal regulator […]
Increasing financial information sharing with relevant authorities in countries that are teaming up to block Russian oligarchs and other elites and proxies from accessing their assets was announced Wednesday by the Treasury’s top financial enforcement […]
A 2022 performance plan and a strategic plan covering the remainder of this year through 2026 were approved Thursday by the federal credit union regulator board during its regular monthly meeting. The performance plan, according […]
Discriminatory conduct that violates the federal prohibition against unfair practices – as well as decision-making in advertising, pricing, and other areas to which federal consumer protection laws may not directly apply – will be closely […]
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