You will have another month to submit comments about “data brokers” and their practices under an expected extension of a comment period that is currently set to expire June 13, according to a document filed […]
Establishing a “rich set of data points and measurements capturing trends in and drivers of the consumers’ trust in banking” is the goal of a public survey proposed Friday by the regulator of national banks, […]
Reconsiderations of value (ROVs) for residential real estate valuations that allow consumers to provide financial institutions with information that may not have been considered during an appraisal, or if deficiencies are identified in the original […]
Credit unions saw healthy growth in loans during the year’s first quarter, but other performance indicators – including net income, provision for loan losses, and delinquencies – showed some warning signs, according to numbers released […]
More than 500 data collections from federal financial institution regulators are included in the latest catalog compiled by the Treasury’s agency for researching financial information. The Office of Financial Research (OFR) said its 2023 Interagency […]
Workshops on risk governance and capital markets are on tap July 11-12 in Denver by the regulator of national banks, the agency said Wednesday. The workshops are geared toward directors, senior management and other key […]
Guidance for banks establishing principles to consider when developing and implementing risk management practices governing their third-party relationships was issued Tuesday by the three federal banking agencies. The guidance, however, is not without some controversy, […]
Chatbots –computer generated, online consumer help programs that simulate human-like responses – can impede customers from resolving problems, especially if the systems are poorly deployed, the federal consumer financial protection agency charged Tuesday. In a […]
Obtaining or seeking almost $2 million by fraud, largely from churches and religious organizations, and then opening bank accounts for the ill-gotten gains has earned a Maryland man a three-year prison term, the federal bank […]
The increasing frequency of use of automated valuation models (AVMs) by mortgage lenders in determining the value of property was a key factor for issuing a proposal late Thursday by federal financial institution regulators on […]
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