A California credit union serving postal workers, and operating under federal agency conservatorship since November, has been merged into another credit union in the state, it was announced Monday. The National Credit Union Administration (NCUA) […]
Three days after the announcement of the resignation of its board chairman, effective in February, the federal bank deposit insurer was silent on what lies ahead for the leadership of the agency. Also silent: The […]
Today’s issue of Regulatory Report is our final issue for 2021, as the editorial staff takes off a week for the holidays. Publication will resume Jan. 3. Since this website was started in 2017, Regulatory […]
Three final rules were published Thursday – on a new capital leverage ratio, mortgage servicing assets, and treatment of subordinated debt – by the federal credit union regulator, with effective dates of Jan. 1, April […]
Wild swings in the use of online/phone card payments, and those made in person, in successive years are outlined in updated results to the Federal Reserve’s payments study, released Wednesday – which also found that […]
Data on small business, small farm, and community development lending during 2020 was released Tuesday by federal banking regulators, fulfilling statutory requirements under federal anti-redlining laws. The Federal Reserve Board, the Federal Deposit Insurance Corp. […]
A single-payment and installment consumer loan provider based in Oakland, Calif., is barred from providing any new loans or collecting on certain outstanding loans under provisions of an agreement made public Tuesday by the federal […]
Trading revenue was down 15.5% — or $1.3 billion – in the third quarter from the previous quarter at commercial banks and savings associations, their federal regulator said Monday. In its Quarterly Report on Bank […]
Landlords and mortgage servicers with military servicemembers and veterans as tenants and clients were put on notice about housing protections in letters sent Monday by the federal consumer financial protection and top federal law enforcement […]
Concern about accumulating debt, regulatory arbitrage, data harvesting, and other components associated with “buy now, pay later” (BNPL) plans has led the federal consumer financial protection agency to open an inquiry into the quickly expanding […]
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