Financial institution “regulatory relief” will proceed on two fronts in the House this month – including action on legislation already approved by the Senate, and an additional separate piece of legislation, leaders said Tuesday. In […]
A broad array of subjects – including the Home Mortgage Disclosure Act (HMDA), the Electronic Fund Transfer Act (Regulation E), debt collection, and mortgage origination – are on the agenda for the meeting of the […]
Changes to Federal Reserve rules for setting Federal Reserve Banks’ primary credit rate charged to depository institutions take effect June 8, the Fed Board said in an announcement late Monday. A notice is slated for […]
The Federal Reserve will continue to build resilience in the domestic financial system and support efforts to do the same in financial systems around the globe, the central bank’s board chairman said Tuesday. Addressing a […]
An operational risk workshop for directors of national community banks and federal savings associations (FSAs) will be hosted June 20 in Harrisburg, Pa., by the Office of the Comptroller of the Currency (OCC). The workshop, […]
Total originated home loans fell by about 12.4% (or more than 1 million) in 2017 from the previous year, according to mortgage lending transactions data released Monday by federal financial institution regulators. The Federal Financial […]
Counterfeit cashier’s checks using the routing number of Community National Bank in Monmouth, Monmouth, Ill., are being presented for payment nationwide in connection with an online secret survey analyst/store evaluator employment opportunity scam, the Office […]
New technologies offer potential benefits to both banks and their customers – but can also lead to additional challenges, including those related to privacy and data security, the chairman of the federal deposit insurance agency […]
The House is scheduled to vote as early as Tuesday on a Senate-passed resolution to repeal 2013 guidance from the Bureau of Consumer Financial Protection (BCFP) on indirect auto lenders’ compliance with federal fair lending […]
Defending recent proposals to “recalibrate” capital for large banks, the Federal Reserve’s top supervisory official said Friday that the proposed rules will play a key role in helping the central bank accomplish its dual roles […]
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