Title: Protections for Borrowers Affected by the COVID-19 Emergency Under the Real Estate Settlement Procedures Act (RESPA), Regulation X Subject: Foreclosures, RESPA, Reg X Agency: CFPB Status: Proposed rule Summary: The Bureau of Consumer Financial […]
A final rule making technical, clarifying updates on regulations for making information publicly available through Freedom of Information Act (FOIA) requests was approved by the Federal Reserve Thursday, which generally is similar to the proposal […]
An automated process for making non-merger-related adjustments to member banks’ subscriptions to Federal Reserve Bank capital stock – with the aim of eliminating the need for member banks to file applications to adjust their stock […]
Charges of fraudulently obtaining a $1.5 million loan meant to keep workers employed during the coronavirus crisis – but then using the loan proceeds to buy more than three dozen late-model luxury cars and pay […]
The benefits of opening a bank account are outlined in a pilot of a new campaign unveiled Tuesday by the Federal Deposit Insurance Corp. (FDIC) in an effort, according to the agency, to expand financial […]
Nine new members of the community banking advisory committee for the federal insurer of bank deposits were named Tuesday by the agency; a first meeting of the panel with the new members is set for […]
Alleged harassment of thousands of consumers and claims of falsely threatening them with legal action has earned an Anaheim, Calif., firm and its owner a permanent ban from the debt collection business, as well as […]
Preventing “avoidable foreclosures” as the emergency federal foreclosure protections expire is the aim of a set of rules proposed Monday by the federal consumer financial protection agency. In a release, t he Consumer Financial Protection […]
A current Treasury official will head up the agency’s financial crimes enforcement unit on an acting basis once the incumbent director leaves office April 9, the agency said Friday. The Treasury Department said Michael Mosier, […]
Interest rate risk (IRR) data gathered during examinations of midsize and community national banks and federal savings associations were published Thursday by their federal regulator. The Office of the Comptroller of the Currency (OCC) said […]
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