Latest actions by federal financial institution regulators related to the impact of the 2020 coronavirus crisis
Respondents to a September survey regarding banks’ experiences with the Main Street Lending Program (MSLP), created as part of the Federal Reserve’s response to the COVID-19 pandemic, said they expected to see a rise in […]
Temporary rules established to counter the financial impact of the coronavirus crisis – on real estate appraisals and evaluations, and the impact on regulatory capital of participating in special lending facilities – were made final […]
A Spanish version of its July 30 advisory issued to help financial institutions identify, prevent, and report potential cybercrime and cyber-enabled crime exploiting the COVID-19 pandemic was announced Monday by Treasury’s financial crimes enforcement unit. […]
A man from Middletown, R.I., on federal supervised release and who was previously sentenced for robbing four banks faces charges in federal court in Providence for allegedly filing fraudulently seeking more than $4.7 million in […]
The “Main Street Lending” (MSL) program has attracted involvement from financial institutions representing more than half of all banking assets – but fewer than 600 banks total – and has so far issued loans amounting […]
Lender underwriting should look back to a borrower’s pre-pandemic condition and forward to post-pandemic condition, according to revised frequently asked questions (FAQs) addressing the Main Street Lending Program issued Friday by the Federal Reserve. In […]
U.S. families reported they were doing better in July than they were in April, but uncertainty over layoffs and prospects for returning to work were still afflicting many, the results of a Federal Reserve survey […]
Hypothetical scenarios for a second round of bank stress tests – to be conducted due to continued uncertainty related to the coronavirus crisis – were released Thursday by the Federal Reserve. The Fed said that […]
Federal regulators have extended until Nov. 3 the public comment deadline on their proposed update to interagency questions and answers regarding flood insurance, the agencies announced recently. In a Sept. 1 release, the regulators – […]
The three advisory panels to the Consumer Financial Protection Bureau (CFPB) that represent community banks, credit unions, and consumers are set to meet Sept. 23 by conference call to discuss regulatory matters and the impact […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info