A former manager of the Banner Elk branch of Highlands Union Bank (Abingdon, Va.) is prohibited from any future involvement in the affairs of a federally insured depository institution under a consent order issued by […]
Spurred by the impact of new bankruptcy law provisions that limited discharge of debts, a “rush” to file occurred in 2005 as 80% of all personal bankruptcy filings that year were made under Chapter 7 […]
Commercial banks and federal savings associations had trading revenue totaling $8 billion during the second quarter of 2019, which was down $2 billion, or 19.8%, from first-quarter trading revenue, according to the Office of the […]
Answers to three questions are being sought as the Federal Reserve conducts its review of monetary policy actions – including how the communications of interest-rate policies be improved. In a speech before an event sponsored […]
A Maryland-based debt collection firm falsely represented to consumers that they owed certain debts when they did not, the federal consumer financial protection bureau charges in a lawsuit filed Wednesday. The Consumer Financial Protection Bureau […]
The payments system is an “essential public utility” that “cannot be left solely in the hands of private enterprise,” a former federal banking regulator told the Senate Banking Committee Wednesday in testimony supporting the Federal […]
A full-time gig for the acting chief of staff of the chairman of the board for the federal credit union regulator was announced Wednesday by the agency. H. Lenwood Brooks now as the full-on title […]
The filing instructions guide (FIG) for data collected in 2020 for reporting in 2021 under the Home Mortgage Disclosure Act (HMDA) is available now, along with a new Supplemental Guide for Quarterly Filers, the Consumer […]
A webinar to help credit unions learn about small-business lending programs of the Small Business Administration (SBA) will be held Oct. 16 and hosted jointly by the SBA and the National Credit Union Administration (NCUA), […]
Frequently asked questions (FAQs) regarding last year’s regulatory relief law amendments to the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) that allow temporary authority for eligible loan originators awaiting licensing […]
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