Top headlines in today’s news …
Guidance on risk management for banks interested in making higher-loan-to-value (higher-LTV) loans in communities targeted for revitalization by a federal, state, or municipal governmental entity was issued Wednesday, and a 2017 guidance was rescinded, by […]
The White House earlier this year explored a legal way to demote Federal Reserve Board Chair Jerome H. (“Jay”) Powell, as President Donald Trump ramped up his criticism of the central bank leader, it was […]
The 2019 list of distressed or underserved nonmetropolitan middle-income geographies where banks’ revitalization or stabilization activities can receive Community Reinvestment Act (CRA) consideration under the “community development” definition was released Monday by federal banking regulators. […]
A streamlined version of the quarterly call report will be allowed for banks and thrifts with less than $5 billion assets that do not engage in “certain complex or international activities” under a final rule […]
Credit unions nationwide continued to grow in the first quarter, but that growth was concentrated mostly in larger credit unions and in particular states – with some states showing a retraction in memberships and little […]
A proposed rule on risk-based capital for credit unions is the sole item on the agenda of the June 20 open meeting of the National Credit Union Administration (NCUA) Board. Whether it’s a proposal to […]
Failures by banks to properly calculate or disclose finance charges, or annual percentage rate for mortgage loans, and other violations under the Truth in Lending Act (TILA, Regulation Z) were the top violations reported last […]
Proposed revisions to regulations implementing anti-redlining laws should surface publicly by the end of summer, a senior regulator said Wednesday, while joining a top supervisor from another agency in agreeing the changes should result in […]
A summary of activities at the Consumer Financial Protection Bureau (CFPB) during its first six months under the leadership of Kathleen Kraninger, who became director in December, is just that – a summary – but […]
The first in a promised series of conferences “exploring” consumer protections in financial services will be held June 25, the federal consumer financial protection agency said Tuesday, and will focus – as promised by the […]
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