References to the most recent mortgage servicing rules are included in an updated small-entity compliance guide published Wednesday by the federal consumer financial protection agency. According to the Consumer Financial Protection Bureau (CFPB), the updates […]
Miguel A. Polanco, a former Army officer and investment banker, is now the top workforce and supplier diversity officer for the federal regulator of credit unions, the agency said Tuesday. The National Credit Union Administration […]
Congress should revise recently adopted statutes on brokered deposits, and it should give the credit union regulator authority to examine (and enforce actions) over third-party vendors, two federal financial institution regulators said Tuesday in congressional […]
Standards were eased for nearly all types of loans in the second quarter of the year, according to a survey of senior loan officers released Monday. The Federal Reserve said results of its July 2021 […]
An extension to Sept. 30 of foreclosure-related eviction moratoria was announced late last week by four federal agencies which administer programs of providing and insuring affordable rental housing, just one day before the expiration of […]
After finding that an effective date extension of two final rules under fair debt collection laws is unnecessary, the federal consumer financial protection agency Friday said the rules would take effect, as originally planned, on […]
A former manager of a Kansas credit union and an employee of a New Mexico credit union were subject to prohibition orders in July, the federal credit union regulator said Friday, the former after being […]
Presented as a “major milestone in the transition away from U.S. dollar (USD) LIBOR,” a formal recommendation of a replacement for the LIBOR rate was made Thursday by the Federal Reserve-backed group that developed the […]
Slightly more Americans were not concerned about qualifying for a mortgage during the application process in 2019 (compared to the year before) before the COVID-19 pandemic began, according to updated mortgage loan-level data published Thursday […]
Tools being used by the Federal Reserve and other regulators – including revamping of federal anti-redlining regulations – are effective methods for pushing more credit into lower income households, and not necessarily lowering capital standards […]
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