Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
More than 96% of mortgages were current and performing at the end of the 2019 third quarter, a slight improvement from the same period in 2018 (at more than 95%), the federal regulator of national […]
Bank trading revenue was down nearly 11%, or $900 million, in the third quarter from the previous quarter, the regulator of national banks said Wednesday. The Office of the Comptroller of the Currency (OCC) said […]
Taking his case to web video, the regulator of national banks said Monday that his proposal to rewrite anti-redlining rules for banks is based on his view that “we need rules that encourage banks to […]
Operational risk, elevated among banks as they adapt to changing technology needed to counter cybersecurity threats, is among the hazards facing the banking industry, the regulator of national banks said Monday in its semiannual report […]
Forty-five percent of federally chartered banking institutions whose Community Reinvestment Act (CRA) evaluations became public in November – that’s 10 out of a total of 22 institutions on that list – received ratings of “outstanding” […]
The nation’s top regulator of federally chartered banks failed to appear before a House committee’s oversight hearing with other regulators Wednesday, leaving his written statement to speak for him on a variety of key issues, […]
The value of information not typically found in a consumer’s credit report, used against the backdrop of a well-designed compliance management program, is recognized as potentially helpful in credit underwriting in a statement issued jointly […]
Evaluations of compliance with the anti-redlining Community Reinvestment Act (CRA) are slated for 152 federally chartered banking institutions throughout 39 states during the first and second quarters of 2020, according to a scheduled released Tuesday. […]
Rates in all fee schedules will fall by 10% in 2020 for the regulator of national banks, the result of what the agency said Monday is better operating efficiencies over the past few years. In […]
Civil money penalties totaling $42,500 were assessed against two former executives of JPMorgan Chase Bank, N.A., and Morgan Stanley who retained records containing nonpublic information from the Office of the Comptroller of the Currency (OCC) […]
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