Managing the fallout from the current pandemic, expanding technology’s role in reaching the underserved, and aligning incentives to promote sound credit union performance are the three priorities outlined briefly in written testimony slated Tuesday by […]
The nine enforcement actions announced by the Office of the Comptroller of the Currency (OCC) this week included one civil money penalty assessment (CMP) of $100,000 related to a bank’s deficiencies under the Bank Secrecy […]
A template for employee applications to employer-created automatic savings (autosave) programs has been deemed by the Consumer Financial Protection Bureau (CFPB) to be compliant with Electronic Funds Transfer Act (EFTA) and related Regulaion E provisions […]
Federally insured credit unions can register now for a two-hour webinar slated by their federal regulator July 23 on financial inclusion for persons with disabilities and the 30th Anniversary of the Americans with Disabilities Act […]
Nonprofit organizations such as educational institutions, hospitals, and social service organizations will have more access to credit through the Federal Reserve’s Main Street Lending Program (MSLP) as a result of modifications that added two new […]
Title: Qualified Mortgage Definition under the Truth in Lending Act (Regulation Z): Extension of Sunset Date Subject: Qualified mortgage Agency: CFPB Status: Final rule; official interpretation Summary: With certain exceptions, Regulation Z requires creditors to […]
Title: Qualified Mortgage Definition under the Truth in Lending Act (Regulation Z): General QM Loan Definition; Delay of Mandatory Compliance Date Subject: Qualified mortgage Agency: CFPB Status: Final rule Summary: The Bureau of Consumer Financial […]
Statements of interest in membership on the Insurance Policy Advisory Committee (IPAC) at the Federal Reserve Board are invited in a Federal Register notice slated for publication Tuesday. The IPAC was created under the Economic […]
A roundtable comprising leaders from the banking industry, national civil rights organizations, business, and technology was convened Friday by the Office of the Comptroller of the Currency (OCC) to promote financial inclusion through greater access […]
The Federal Deposit Insurance Corp. (FDIC) Advisory Committee on Community Banking is slated to hold an open meeting July 28 from 1 to 5:30 p.m. ET, with the meeting – out of an abundance of […]
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