Outreach – including meetings with stakeholders – on its advance notice of proposed rulemaking (ANPR) for reforming anti-redlining regulations will be held by the Federal Reserve over the next three months, the point person for […]
The former deputy director of the federal consumer financial protection agency, and the former chair of the federal regulatory agency for commodities markets, are both listed as leads for “agency review teams” that will aid […]
Fragility and funding stress in nonbank financial sectors during the coronavirus crisis – resembling the same effects to the same sectors during the global financial crisis of 10 years ago – highlights the importance of […]
The 2020 schedule of prices for payment services provided to depository institutions (priced services) will be maintained in 2021, the Federal Reserve said Tuesday, with one exception: the check services participation fee, which will see […]
Lending standards were largely tightened for both businesses and households during the third quarter, according to a report issued Monday based on responses from senior bank loan officers. In its October 2020 Senior Loan Officer […]
Credit risk is the top “emerging risk” listed by the regulator of national banks in its semi-annual report issued Monday on threats to the banking industry. According to its Semiannual Risk Perspective for Fall 2020 […]
While probably not at the top of the list of priorities for the apparent winner of the 2020 president election, his new administration will have decisions to make about who leads, or serves on the […]
Economic conditions have stabilized, but uncertainty for the financial system persists, a report issued Friday by the Federal Reserve stated, in advance of its top supervisor’s testimony on Capitol Hill. Also Friday, the Fed said […]
Deceptive acts or practices in taking deposits from and offering credit to consumers – allegedly at interest rates nearing 1000% – has earned a Florida company and its chief executive a lawsuit by the federal […]
Sheila C. Bair, the former chairman of the Federal Deposit Insurance Corp. (FDIC) during the 2008 financial crisis, will be the next board chair for mortgage behemoth Fannie Mae as of Nov. 20, the company […]
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