Top headlines in today’s news …
The stand-up of the Mission-Driven Bank Fund by the federal agency that insures bank deposits has made some strides, with a financial advisor and two law firms now engaged to develop the fund’s framework, structure, […]
Tenants can hold debt collectors accountable for illegal evictions in the face of a moratorium on such actions outlined by federal health authorities, according to a rule issued Monday by the federal consumer financial protection […]
Federal legislation to mitigate risks related to legacy contracts that use a soon-to-be discontinued reference rate is needed, a top Federal Reserve official will tell a congressional hearing Thursday, according to testimony released Wednesday. In […]
A California-based, online debt settlement company would pay $646,000 in redress to consumers and a $750,000 civil money penalty related to allegations the firm violated the Consumer Financial Protection Act and the Telemarketing Sales Rule […]
Feedback on how much the principles in the 2017 interagency “Supervisory Guidance on Model Risk Management” support compliance by banks and credit unions with Bank Secrecy Act/anti-money laundering (BSA/AML) and Office of Foreign Assets Control […]
Preventing “avoidable foreclosures” as the emergency federal foreclosure protections expire is the aim of a set of rules proposed Monday by the federal consumer financial protection agency. In a release, t he Consumer Financial Protection […]
Declaring “no time to waste, and no excuse for inaction,” the acting director of the Consumer Financial Protection Bureau (CFPB) on Thursday issued Bulletin 2021-01 containing compliance and policy guidance for mortgage servicers in their […]
Evictions – particularly by major multistate landlords, eviction management services and private equity firms – will be targeted for investigation by two federal agencies charged with overseeing consumer financial protection and fair trade, the agencies […]
Temporary and additional restrictions on bank holding company dividends and share repurchases now in place will end for most firms after June 30, after completion of the current round of stress tests, the Federal Reserve […]
Two new committees will focus on the impact of climate change on financial stability, a Federal Reserve Board governor said Tuesday, as the agency finds it “increasingly clear” that climate change could have “important implications” […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info