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NCUAGrants of up to $7,500 for low-income credit unions that sustained damage from the recent Hurricane Florence and need to restore operations are available, the federal credit union regulator said Monday. In a release, the [...] -
FDICTop supervisors from Fed, FDIC to keynote St. Louis Fed’s community bank research, policy conference
Top regulatory supervisors from the Federal Reserve and the Federal Deposit Insurance Corp. (FDIC) will speak next week at a conference focusing on research and policy for community banking. Randal K. Quarles, the Federal Reserve [...] -
FDICLegacy swaps entered into before the applicable compliance date will not become subject to swap margin requirements if they are amended solely to comply with the requirements of qualified financial contracts (QFCs) of systemically important [...] -
CFPBThe Bureau of Consumer Financial Protection (BCFP, formerly known as CFPB) is planning to move its southeast regional team out of the bureau’s Washington, D.C., headquarters and to Atlanta, Ga., in late 2019, the agency [...] -
OCCSecond-quarter performance of first-lien residential mortgage loans at seven national banks with large mortgage-servicing portfolios – comprising 33% of all residential mortgages outstanding in the country – was “largely unchanged” from 2017 to 2018, the [...] -
CFPBFriday is the first day that a no-charge credit freeze is available to consumers, mandated under regulatory relief legislation enacted this spring – and the federal consumer financial protection agency highlighted the launch date on [...] -
CFPBEssentially cleaning up its regulatory roster, the Federal Reserve Friday proposed rule changes that reflect the transferal of its jurisdiction over certain mortgage-licensing related rules to the federal consumer financial protection agency. Comments will be [...] -
OCCA former bank officer and employee who committed numerous lending violations that cost his bank more than $400,000 will pay a $1,000 civil money penalty (CMP) and may no longer engage in the affairs of [...] -
The FedJean Nellie Liang would be the next – and final – member of the Federal Reserve Board under an intention to nominate announced by the White House Wednesday. If confirmed by the Senate, she would [...] -
CFPBThe Bureau of Consumer Financial Protection (BCFP, formerly known as CFPB) has allocated closed-discussion and open-discussion portions of its Sept. 27 meetings of three advisory bodies representing consumers and financial institutions, and the public sessions [...]
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