The 10 largest credit card agreements between credit card issuers and universities reached an “unprecedented” 43% of all payments by issuers in 2016, according to a report issued Wednesday – although the number of agreements […]
No banks received a “Community Reinvestment Act” (CRA) rating of “outstanding” in December, out of 15 banks evaluated – but 14 received “satisfactory” ratings, and one Texas bank was rated “needs to improve,” according to […]
Employees of the federal consumer watchdog agency overwhelmingly like the work that they do, have the information they need to do the job, are encouraged to come up with new and better ways to do […]
Call report changes, including revisions to schedules in response to adjustments in accounting for equity securities, have been finalized by the federal banking agencies, a government regulatory umbrella group said Wednesday. In a release, the […]
Guidance on the impact of new tax laws passed by Congress in December will be issued by the federal banking agencies later this month – but the impact of the new laws, where necessary, should […]
Financial institutions, consumers or others attempting to calculate rate spreads for loans reportable under the Home Mortgage Disclosure Act (HMDA) should use one of three online calculators, depending on when “final action” for the loan […]
A veteran regulator and banker will be the next deputy comptroller of the currency for economic and policy analysis, the federal regulator of national banks announced Tuesday. Norman Williams will succeed the retiring Gary Whalen […]
Clarifications about which motor vehicle dealers are subject to the Federal Reserve’s Regulation M – or which are subject to the federal consumer bureau’s rules under the Consumer Leasing Act (CLA) – are being proposed […]
Twenty-nine enforcement actions – including 10 removals and prohibitions and five civil money penalties – were issued by the federal insurer of bank and savings institution deposits in November, the agency said Friday. The Federal […]
Three individuals are prohibited from participating in the affairs of any federally insured financial institution – including one who was ordered to pay more than $1.7 million in restitution – under notices and an order […]
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