Top headlines in today’s news …
A temporary change in rules to permit certain bank directors and shareholders to apply for Small Business Administration (SBA) Paycheck Protection Program (PPP) loans is slated to go into effect Wednesday as a result of […]
Accounting and regulatory reporting considerations of a revised interagency statement issued April 7 on loan modifications and reporting by financial institutions working with customers affected by the coronavirus (COVID-19) are the subject of a webinar […]
The permanent threshold for collecting and reporting data about closed-end mortgage loans will be 100 loans – up from 25 loans – as of July 1 under a final rule issued by the federal consumer […]
Two interim final rules to give regulatory relief, as well as temporary real estate appraisal relief, to credit unions through Dec. 31 of this year amid the ongoing coronavirus (COVID-19) pandemic were adopted unanimously by […]
Lending activity was mixed at banks in different regions around the country over the last six weeks, according to the latest report on economic and financial activity from the Federal Reserve’s 12 district banks, released […]
Temporary deferrals on real estate-related appraisals and evaluations under federal banking agencies’ interagency appraisal regulations were issued late Tuesday for up to 120 days. The National Credit Union Administration (NCUA) Board is considering a similar […]
Certain coronavirus relief payments from the government will not be considered “government benefits” and thus may be issued to consumers via prepaid cards, according to an interpretive rule issued Monday by the federal consumer financial […]
The Federal Reserve’s latest actions to pump up the economy in the face of the coronavirus crisis – including Thursday’s announcement of $2.3 trillion more made available by the central bank – are the result […]
Up to $2.3 trillion in loans to support the economy – including $600 billion to purchase loans to small- and mid-sized businesses – was announced Thursday by the Federal Reserve as a result of “additional […]
An interim final rule allowing financial institutions to neutralize regulatory capital effects with respect to leverage and risk-based ratios for loans pledged to a new “Payroll Protection Program Loan Facility” was announced Thursday by the […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info