A final rule that creates a stress capital buffer (SCB) integrating the Fed’s stress test results with its non-stress capital requirements was approved Wednesday by the board, which also released instructions for the 2020 comprehensive […]
Ten of the Federal Reserve’s 12 districts said economic activity expanded at a modest to moderate rate in recent weeks, though two districts – St. Louis and Kansas City – reported no change, according to […]
The nineteen Community Reinvestment Act (CRA) ratings released by the national bank regulator Tuesday include one “outstanding” rating and 19 “satisfactory” ratings. The list, released by the Office of the Comptroller of the Currency (OCC), […]
A final rule that removes a disclosure requirement by amending the “safe harbor” for financial assets transferred in connection with a securitization transaction is slated for publication Wednesday in the Federal Register and will take […]
Title: Debt Collection Practices (Regulation F); delay of effective date Subject: Debt collection; disclosures Agency: CFPB Status: Proposed rule Summary: The Bureau of Consumer Financial Protection (Bureau) is issuing this final rule to revise Regulation […]
A report issued Friday by the federal agency charged with consumer financial protection says the agency has closed 311 of the 370 recommendations it received from the congressional watchdog and its own inspector general’s office […]
Two federal banking regulators have more than 600 banks, combined, on their respective schedules for evaluations under the anti-redlining Community Reinvestment Act (CRA) during the second and third quarters of 2020, according to releases issued […]
Citing only “upgrades” being made as a reason, the Office of the Comptroller of the Currency (OCC) on Thursday issued a notice that it was temporarily suspending its email subscription service, effective Feb. 28 (Friday), […]
Eleven former credit union employees, two from the same credit union in Michigan and two from the same credit union in Indiana, were barred from future participation in the affairs of any federally insured financial […]
Consumer Financial Protection Bureau (CFPB) Director Kathleen (“Kathy”) Kraninger slated to testify before the Senate Banking Committee March 10 to provide a semiannual report on bureau activities. The hearing is slated for 10 a.m. Earlier […]
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