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 […]
The advisory group of community banks for the federal consumer protection agency will hold its first meeting of 2018 later this month, largely to review the recent calls for “evidence” by the agency and other […]
Senate legislation widely considered to be a rewrite of the 2010 Dodd-Frank financial regulation law is expected to be considered on the floor this week – and is expected to be approved. The Economic Growth, […]
Comprehensive reviews of all rules by federal financial institution regulators – including the consumer protection agency and the credit union regulator – would be required every seven years rather than 10 under legislation set to […]
Eliminating Treasury’s Office of Financial Research, replacing the “orderly liquidation authority” with bankruptcy provisions, realigning the Dodd-Frank Act and establishing a “rules-based” monetary policy are issues to be reviewed by a House committee its markup […]
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