Declaring “no time to waste, and no excuse for inaction,” the acting director of the Consumer Financial Protection Bureau (CFPB) on Thursday issued Bulletin 2021-01 containing compliance and policy guidance for mortgage servicers in their […]
A set of frequently asked questions (FAQs) providing existing legal interpretations related to a half-dozen of the Federal Reserve Board’s rules were published Wednesday and will be updated periodically, the Fed said. The Fed said […]
A final rule that outlines and confirms the use of supervisory guidance for regulated institutions – and specifying that supervisory guidance does not have the force and effect of law – was announced Wednesday by […]
Data from about 4,400 Home Mortgage Disclosure Act (HMDA) modified loan application register (LAR) filers for 2020 is available now via the Federal Financial Institutions Examination Council’s (FFIEC) HMDA platform. The 2020 published data contains […]
Revisions on brokered deposits regulations and the methodology for calculating interest rate restrictions went into effect Thursday, and webpages with more information, and for computing the rates, were introduced the same day by the agency […]
Credit union regulator board Chairman Todd Harper has been named chairman of the umbrella group that coordinates actions of federal financial institution regulators, the group said Thursday. Harper, chairman of the National Credit Union Administration […]
The tiny Indianapolis’ Newspaper Federal Credit Union in Indianapolis, Ind., conserved in January, on Wednesday became the first federally insured credit union closed in 2021, its federal regulator announced. The National Credit Union Administration (NCUA) […]
With a flicker of hope that it could be a “physical” event (that is, one in which people gather together in one place), the 20th Annual Bank Research Conference, scheduled for Dec. 2-3, announced Wednesday it […]
Seven policy statements issued from late March to early June 2020 that provided temporary flexibilities to financial institutions in the areas of consumer mortgages, credit reporting, credit cards, and prepaid cards are rescinded as of […]
A former Iowa credit union worker was prohibited from ever again working in a federally insured financial institution after being sentenced on a charge of bank fraud, the credit union federal regulator said Wednesday. According […]
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