A $1.3 billion-in-assets, New Mexico bank holding company has had a five-year-old enforcement action against it by the Federal Reserve terminated, the central bank said Tuesday. In a release, the Fed said it had terminated […]
Three bills – extending the “qualified mortgage” safe harbor, reducing reporting requirements for smaller financial institutions, and combatting the financial network of transnational criminals – were approved by the House Tuesday. All three passed by […]
The Federal Reserve Board is accepting comments until May 14 on check collection rule updates to better address the evolution of the nation’s check collection system to a virtually all-electronic one. The Fed is proposing […]
The Senate on Tuesday voted 67-32 to proceed to consideration of a bill that would increase the size of banks subject to certain prudential supervisory requirements under the Dodd-Frank financial reform law while easing some […]
Two pieces of legislation on data security and breach notification, one still in draft form, will be examined during a hearing Wednesday by the House subcommittee on financial institutions. The 2 p.m. hearing on “Legislative […]
Credit union performance improved marginally in 2017 over the previous year, but nonetheless showed continued, consistent positive net income and net worth, year-end numbers from the federal credit union regulator showed Monday. Year-end (and fourth […]
The Federal Reserve is working with other financial regulators to produce a proposed rule to inject more clarity and transparency into the Volcker rule, Fed Vice Chairman for Supervision Randal Quarles said during a speech […]
Only one bank (out of 79) earned a rating of “needs improvement” in its Community Reinvestment Act (CRA) evaluations released Monday by the federal deposit insurer – and that bank no longer exists as a […]
Helping financial institutions “better understand” revisions made last year to federal mortgage disclosure requirements – including data collection and reporting provisions – is the aim of a new guide issued late last month, the federal […]
Revised policy statements on federal oversight of states’ real estate appraisal programs and appraisal management company (AMC) programs became applicable with their publication today in the Federal Register. Federal oversight of real estate appraisal programs […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info