A factsheet on the interest rate used for calculating prepaid interest under certain mortgage lending rules was issued Wednesday by the federal consumer financial protection agency. The Consumer Financial Protection Bureau (CFPB) said the fact […]
A New York credit union conserved by state and federal regulators nearly three years ago was returned to the control of its members, the federal credit union regulator said Wednesday. Municipal Credit Union of New […]
Protecting homebuyers from bias resulting through the use of algorithms applied in property valuations is the aim of “options” released Wednesday by the federal consumer financial protection agency. The Consumer Financial Protection Bureau (CFPB) said […]
A detailed explanation of U.S. economic and financial sanctions imposed in response to Russian President Vladimir Putin’s decision to recognize two “’independent’ states” was released by the Treasury Department Tuesday. The Treasury detail was released […]
An updated rule that expands the opportunities for parties in adjudication proceedings to conduct depositions was issued – and became effective – Tuesday by the federal consumer financial protection agency. According to filings in Tuesday’s […]
Special-purpose credit programs to meet the credit needs of specified classes of persons – particularly those of underserved communities – are available under federal law and regulations, the federal financial institution regulators, and federal housing […]
The chief innovation officer at the federal insurer of bank deposits – who was hired about a year ago after a search of more than two years by the agency – resigned Friday, citing hesitancy […]
James Martin will be the new acting director of the Treasury Department’s Office of Financial Research (OFR), replacing Dino Falaschetti, who is leaving, the agency said Friday. Martin’s appointment is effective Feb. 28, Treasury said. […]
Calling them “comprehensive new rules for the investment and trading activity of senior officials,” the Federal Reserve’s rate-setting committee announced Friday it has adopted new regulations aimed at clamping down on investment activity by key […]
Engaging in research and experimentation with new technologies – such as a U.S. central bank digital currency (CBDC) – and “consulting closely with public and private sector partners” are both parts of the Federal Reserve’s […]
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