Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
The Office of the Comptroller of the Currency’s (OCC) Mutual Savings Association Advisory Committee will hold a public meeting July 23 in Washington, according to a notice for the Federal Register. The nine-member panel advises […]
Excluding certain loans that finance land development of single- and multi-family residences from the definition of “high volatility commercial real estate” (HVCRE) in their regulatory capital rules is under consideration by the three federal banking […]
Performance of first-lien mortgages at national banks ticked upward in the first quarter of this year compared to the prior year, and foreclosures were down for the quarter compared to both the previous period and […]
Since announcing it would begin considering charter applications from fintech companies, the Office of the Comptroller of the Currency (OCC) has yet to receive a single formal application, the top staffer in charge of innovation […]
Title: Reduced Reporting for Covered Depository Institutions Subject: Call reports Agency: FDIC, Federal Reserve, OCC Status: Final rule Summary: The OCC, the Board, and the FDIC (collectively, the agencies) are issuing a final rule to […]
A former bank chief executive and economic adviser to presidential candidate Donald Trump has been prohibited from working at a financial institution because his employment may impair public confidence in the bank’s integrity, the federal […]
Seeking to improve its processes, the federal agency that charters banks and thrifts will begin handling fingerprinting for background checks electronically in July, the Office of the Comptroller of the Currency (OCC) said Friday. The […]
Guidance on risk management for banks interested in making higher-loan-to-value (higher-LTV) loans in communities targeted for revitalization by a federal, state, or municipal governmental entity was issued Wednesday, and a 2017 guidance was rescinded, by […]
Eighty-one high school seniors from Washington, D.C., public and charter schools will serve paid summer internships at the regulator of national banks, the agency said Wednesday, in a just-started program. In a release, the Office […]
Trading revenue ballooned by 141% — to $10 billion – in the first quarter at commercial banks and thrifts, the regulator of national banks reported Tuesday, with only four banks holding nearly 90% of total […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info