A bulletin that details sound risk management principles on loan purchase activities was issued to banks Thursday by the Office of the Comptroller of the Currency (OCC) and rescinds a circular issued nearly four decades […]
Federal bank regulators have released Community Reinvestment Act (CRA) examination schedules showing 508 banks and savings associations scheduled for evaluation for compliance with anti-redlining rules over the fourth quarter of this year and the first […]
A California-based organization called the largest debt collector and debt buying group in the country was sued by the federal consumer financial protection agency Tuesday for violating the terms of a 2015 consent order that […]
A booklet containing clarifications and updates to the federal bank chartering agency’s policies and processes on the establishment, operations, and other corporate activities of federally licensed offices of foreign banks was published Wednesday. The Office […]
A memorandum and resolution on a Deposit Insurance Fund (DIF) restoration plan will be discussed during an open meeting next Tuesday by the Federal Deposit Insurance Corp. (FDIC) Board, which will be viewable online via […]
The federal research office charged with helping to promote financial stability on Wednesday announced the launch of two data tools which will inform the public about U.S. repo and short-term funding markets, which together can […]
Federal regulators have extended until Nov. 3 the public comment deadline on their proposed update to interagency questions and answers regarding flood insurance, the agencies announced recently. In a Sept. 1 release, the regulators – […]
A “tech sprint” aimed at developing innovative approaches to electronically delivered adverse action notices will be held Oct. 5-9, the federal consumer financial protection agency announced Sept. 1. According to the Consumer Financial Protection Bureau […]
The three advisory panels to the Consumer Financial Protection Bureau (CFPB) that represent community banks, credit unions, and consumers are set to meet Sept. 23 by conference call to discuss regulatory matters and the impact […]
Debt collection operations in New York that allegedly used illegal methods – including bullying, harassment and threats – to collect debts now face charges from both the federal consumer financial protection agency and the state […]
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