Modest growth in loan volumes in several of the Federal Reserve’s 12 districts was one of the findings of the Fed’s latest Beige Book, an informal snapshot of economic conditions based on input acquired as […]
Lending at federally insured credit unions was undergoing a rebound at midyear after experiencing a broad slowdown during the first three months of the year, according to second-quarter numbers released Wednesday by the federal credit […]
Findings from the Federal Reserve’s year-long look at its monetary policy strategy, tools and communication practices could be shared with the public in the first half of next year, the Fed Board’s community banking representative […]
Changes to Home Mortgage Disclosure Act (HMDA) requirements under last year’s Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA, S. 2155) are reflected in two updated webinars and one new webinar published recently by […]
Nearly 60% of applications for home loans were approved by financial institutions and other lenders in 2018, but those loans exempted from certain reporting under last year’s regulatory relief legislation saw an origination rate of […]
Clarifying a credit union’s responsibilities when acquiring a bank would be the subject of a proposed rule by the federal regulator of credit unions, the NCUA, the chairman of the agency’s board said in an […]
Banks’ mid-year financial results will be released Thursday, according to the federal insurer of deposits in the institutions. The Federal Deposit Insurance Corp. (FDIC) said it expects to release second-quarter 2019 results (that is, those […]
Title: Interest Rate Restrictions on Institutions That Are Less Than Well Capitalized Subject: Interest rate caps Agency: FDIC Status: Proposed rule Summary: The FDIC is seeking comment on proposed revisions to its regulations relating to […]
The economic outlook and monetary policy are the focus of a discussion slated Friday (Sept. 6) between Federal Reserve Board Chair Jerome H. (“Jay”) Powell and Thomas J. Jordan, chairman of the Swiss National Bank, […]
A proposed rule that would revise and simplify the methodology for calculating rate caps for less-than-well-capitalized institutions is slated for publication Wednesday in the Federal Register, with comments due on or about Nov. 3. Announced by […]
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