Data on mortgage lending transactions in 2019 at more than 5,500 financial institutions covered by federal mortgage lending disclosure requirements are now available, the umbrella group for federal financial regulators said Wednesday. The Federal Financial […]
Two companies engaged in contracts for deeds have settled charges that they misrepresented procedures to customers for filing complaints about how to resolve errors on consumer reports, the federal consumer financial protection agency said Tuesday. […]
Charges against a Massachusetts man for seeking more than $13 million in phony borrowings through the federal program that provides forgivable loans to business owners affected by the coronavirus crisis were announced Tuesday as the […]
The 2020 list of distressed or underserved nonmetropolitan middle-income geographies – which identifies areas where activities are eligible to receive Community Reinvestment Act (CRA) consideration under the community development definition – are now available, the […]
The way in which the federal consumer financial protection agency determines which counties qualify as “underserved” for a given calendar year for purposes of mortgage origination are outlined in an interpretive rule issued Tuesday. The […]
Guidance intended to promote consistency and flexibility in the supervision and examination of financial institutions affected by the coronavirus crisis was issued Tuesday by federal banking and credit union regulators. The agencies noted, in releasing […]
The federal insurer of bank deposits is jumping on the bandwagon of easing assessments – in its case, for deposit insurance – on banks that participate in the loan program to help businesses weather the […]
National banks and thrifts are getting a break on the fees they pay to cover the operations of their federal regulator due to the impact of the coronavirus crisis, the agency said Monday. In an […]
References to retail practices continue to work their way into the regulatory space, the latest being a section on the newly redesigned website of the federal insurer of bank deposits as a “one-stop shopping experience” […]
Addressing the Jan. 10, 2021 expiration of the so-called “GSE Patch” is the aim of two proposed rules – one establishing a “price-based approach,” and the other to extend the “patch” until a final rule […]
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