Top headlines in today’s news …
A brief, but exacting, lecture on financial regulator independence was delivered by the top Democrat of the Senate Banking Committee to the top federal credit union regulator at a hearing Thursday in Washington. Sen. Sherrod […]
The nation’s top regulator of federally chartered banks failed to appear before a House committee’s oversight hearing with other regulators Wednesday, leaving his written statement to speak for him on a variety of key issues, […]
The value of information not typically found in a consumer’s credit report, used against the backdrop of a well-designed compliance management program, is recognized as potentially helpful in credit underwriting in a statement issued jointly […]
Some financial institutions could estimate certain remittance fee and exchange rate information – instead of disclosing exact amounts in certain circumstances – under a proposal issued by the federal consumer financial protection agency Tuesday. The […]
Banks are no longer required to file suspicious activity reports (SAR) for customers solely because they are legally growing hemp, according to a statement published Tuesday by federal banking agencies, federal law enforcement and state […]
A one-year waiver of appraiser credentialing requirements for federally related residential real estate transactions in North Dakota will terminate this Dec. 8 under a waiver condition based on federal banking agency rulemaking, according to a […]
U.S. banking organizations continue to maintain strong capital and liquidity levels, with healthy loan growth and continued profitability, the Federal Reserve said in a report issued Tuesday. In its latest financial supervision and regulation report, […]
Banks and thrifts earned $57.4 billion in the third quarter, down from the same period a year earlier by only because three large banks recorded “nonrecurring events,” the federal insurer of bank deposits said Tuesday. […]
Predominantly rural counties that are less economically advantaged and have residents with lower levels of education experienced “considerable declines” in the number of bank branches closed between 2012 to 2017, according to a report issued […]
Rates in all fee schedules will fall by 10% in 2020 for the regulator of national banks, the result of what the agency said Monday is better operating efficiencies over the past few years. In […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info