Academic research papers on the use of artificial intelligence (AI) in banking and finance, including on topics such as the effect on financial stability and use for fraud, are being sought by the regulator of […]
The threshold will increase from $32,400 to $33,500 for higher-priced mortgage loans that are subject to special appraisal requirements, the federal banking and consumer financial protection agencies said Friday. The new threshold takes effect Jan. […]
A chart for determining whether a nonbank entity is required to register an order under a rule from the federal consumer financial protection agency was published Thursday by the agency. The chart summarizes how the […]
Refinance risk in commercial lending at banks is addressed in a bulletin issued Thursday by the regulator of national banks. According to the Office of the Comptroller of the Currency (OCC), refinance risk occurs when […]
About half of all U.S. banks were using or considering using financial technology in their small business lending process, according to a report issued Wednesday by the federal insurer of bank deposits. However, the report […]
Federal financial institution regulatory agency efforts to assist banks, credit unions and their communities in areas stricken by Hurricane Helene shifted to a consolidated, coordinated approach Wednesday for regulatory relief as the regulators issued joint […]
Allowances for credit losses (and credit itself), cybersecurity, and Bank Secrecy Act/anti-money laundering (BSA/AML)/countering the financing of terrorism (CFT) are among the priorities outlined for supervision in 2025 in a plan released Tuesday by the […]
Debt collectors, which may include third-party “revenue cycle management” companies, violate federal law when they collect on inaccurate or legally invalid medical debts, according to guidance released Tuesday by the federal consumer financial protection agency. […]
Banks in areas of Florida, Georgia, North Carolina, and South Carolina ravaged by high winds and flooding caused by Hurricane Helene were Tuesday offered regulatory relief to help them help their communities recover. The Federal […]
Two former credit union workers have been prohibited by their federal regulator from future service in a federally insured financial institution, the regulator said Monday. The National Credit Union Administration (NCUA) said Monica Jackson, the […]
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