More than 96% of first-lien mortgages were current and performing at national banks and thrifts at midyear, up slightly from the previous year, their federal regulator said Monday. In its quarterly “Mortgage Metrics Report” (for […]
Unbridled from the “blackout period” on public remarks associated with interest-rate-setting meetings, all five members of the Federal Reserve Board will make public remarks next week during the first week of October in seven different […]
Jay Gallagher will, beginning Oct. 1, head one of the two new divisions created by the Office of the Comptroller of the Currency (OCC) as part of its supervision “realignment” announced this summer, the agency […]
The appraisal threshold for real estate transactions secured by a 1-to-4 family residential property will rise from $250,000 to $400,000 under a final rule issued Friday by federal banking agencies, but banks will still be […]
Four policy statements that are deemed “outdated and no longer necessary” are proposed to be rescinded by the federal insurer of bank deposits, according to a filing made public Friday. The Federal Deposit Insurance. Corp. […]
There is “real merit” to exploring the use of a 1% countercyclical buffer that is in effect in normal times, much like that used in the United Kingdom, the Federal Reserve’s top regulatory supervisor said […]
The federal bank deposit insurer plans to terminate 13 receiverships, most of which date back to 2009, according to a Federal Register notice. “The liquidation of the assets for each receivership has been completed,” the […]
Insider abuse and fraud by former officers was the cause of the first failure in nearly 18 months at a small Texas bank earlier this year, according to a report from the federal bank deposit […]
The role of cross-border financing in global financial stability, and the importance of expectations among all parties, was underscored in remarks Thursday by the Federal Reserve Board’s top supervision official during Thursday’s workshop of the […]
Four recommendations – including for regular feedback – on improving communications about how anti-money laundering (AML) devices such as suspicious activity reports (SARs) are used by federal regulators were made by the congressional watchdog in […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info