Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Seriously delinquent mortgages increased in the third quarter, the regulator of national banks said in a report Tuesday, although the number of performing current loans were up slightly. According to the Office of the Comptroller […]
Operational risk at the nation’s banks is elevated, and banks should be mindful of an “increasing trend in external fraud activity targeting consumers and the federal banking system,” according to a report issued Monday by […]
Data on small business, small farm, and community development lending during 2023 was made public Monday by the three federal banking agencies, showing a decrease in lending activity driven by higher interest rates and tighter […]
Trading revenue was up 1.6% – or $263 million – in the third quarter for banks and savings associations, the national bank regulator said Thursday, and up 25% from the same period one year ago. […]
Comments from the public on certain federal banking rules and regulations that are under review now, with regulators focusing on whether they are outdated or unnecessary, are due to regulators by March 11, according to […]
Examples of risk management and other practices that may be effective in combatting elder financial exploitation were issued in a joint statement Wednesday by the five federal financial institution regulators, state regulators and the federal […]
Federal banking agencies on Tuesday launched the third part of a four-part review of their regulations to identify those which are outdated “or otherwise unnecessary.” The review – by the Federal Deposit Insurance Corp. (FDIC), […]
Three of the 19 banks whose Community Reinvestment Act evaluation ratings became public in November were rated “outstanding” by their federal regulator, according to a release Monday. The Office of the Comptroller of the Currency […]
Nearly 600 banks are scheduled to receive their Community Reinvestment Act (CRA) evaluations sometime during the first or second quarters of 2025, according to schedules released by two regulators. The Office of the Comptroller of […]
Fees the national bank regulator charges supervised banks are going up next year, with a 16% increase planned for rates in the general assessment fee schedule for assets above $40 billion and 2.65% for all […]
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