Excessive credit card late fees – particularly data about the fees and late payments and whether the fees are “reasonable and proportional” – are the topic of an advance notice of proposed rulemaking issued Wednesday […]
New types of analysis when updating redlining examination procedures should be considered by the regulator of national banks when conducting oversight of bank lending practices, the congressional watchdog said in a report Tuesday. In a […]
Deposit growth rates may have slowed from the second quarter of 2021 on, but a staff analysis at the federal bank deposit insurance agency shows that insured deposits resulting from “extraordinary growth” in the first […]
Two workshops – on credit and operational risk – will be held July 12-13 in Pittsburgh, sponsored by the regulator of national banks, the agency said Tuesday. In a release, the Office of the Comptroller […]
An increase of 47.8% in trading revenue – $3.4 billion – was recorded by banks and savings associations in the first quarter over the end of last year, the regulator of national banks said Tuesday, for […]
Deposit insurance assessment rates paid by banks would be increased by 2 basis points under a proposal issued Tuesday by the federal bank deposit insurance agency. The proposed assessment rate schedules would begin with the […]
The consumer financial protection agency’s desire to transition away from highly complicated rules and toward simpler, clearer rules – plus a look at its current regulatory priorities – was detailed in a blog post Friday by the […]
Input from the public on the practices and financial products that may leave workers indebted to their employers is due to the federal consumer financial protection agency Sept. 7, according to a Federal Register notice […]
A former employee of Arvest Bank, Fayetteville, Ark., was barred from any future involvement in the affairs of any federally insured financial institution under a Federal Reserve order announced Thursday that found she fraudulently obtained […]
National datasets on 2021 mortgage lending transactions reported under the Home Mortgage Disclosures Act (HMDA) by 4,338 U.S. financial institutions – banks, savings associations, credit unions, and mortgage companies – was released to the public […]
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