Principles for protecting consumers when authorizing third-parties to access their financial data for financial products and services were unveiled Wednesday by the Consumer Financial Protection Bureau (CFPB), with an aim of fostering development of “innovative […]
Lending was up, if modestly, in most districts of the Federal Reserve System during September into early October, according to the most recent “Beige Book” published Wednesday by the Fed. Mortgage, new and used auto, […]
A draft strategic plan that lists its top goal as “preventing harm to consumers while promoting good practices that work for consumers, responsible providers, and the economy as a whole” has been posted by the […]
Implementing operational efficiencies to reduce overall staffing requirements, while continuing to invest in information technology and data analytics to improve overall performance, is the strategy that the federal regulator of credit unions has adopted in […]
Appraisal requirements were eased for real estate-related financial transactions in areas declared to be a major disaster – including those affected by severe storms and flooding related to Hurricanes Harvey, Irma, and Maria – by […]
Comments will be due Nov. 17 on a proposal that aims to provide “more certainty” for mortgage servicers about when to provide periodic statements to consumers about their bankruptcy case. The proposal, issued by the […]
Key data fields to be used in collecting information for evaluating financial institution compliance with Home Mortgage Disclosure Act (HMDA) requirements were released Tuesday by federal banking agencies. The key data fields are most important […]
Complaints by student loan borrowers have driven actions that have produced more than $750 million in relief for student loan borrowers and strengthened the student loan repayment process for millions more, the Consumer Financial Protection […]
A half dozen Democratic senators – including Banking Committee Ranking Member Sherrod Brown (Ohio) – want the acting comptroller of the currency to be investigated for illegally overstaying his term at the helm of the […]
Current issues affecting community banking will be discussed at the Nov. 1 meeting of the Federal Deposit Insurance Corp.’s (FDIC) Advisory Committee on Community Banking. The public session begins at 9 a.m. ET and runs […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info