Six regulatory activities in 2022 by the federal consumer financial protection agency have been identified by the agency as “key” actions, according to a rulemaking the agency released Monday. The Consumer Financial Protection Bureau (CFPB) […]
Kelly Lay is the new top examination executive for the federal credit union regulator, the agency announced Monday, replacing the retiring top staffer at the start of the year. The National Credit Union Administration said […]
Mortgage performance improved at national banks by the end of the third quarter – but foreclosures at the financial institutions jumped by more than 150%, according to results released Friday by the national bank regulator. […]
Supervisory expectations for large banks’ counterparty credit risk management and margin practices – considering the default and failure of the leveraged fund Archegos Capital Management – were reiterated Friday by the Federal Reserve Board in […]
After another federal agency found that an examination of a bank by the federal insurer of bank deposits completely missed that the bank charged impermissible fees to loan applicants, an inspector general’s report was issued […]
Reform of bank overdraft programs holds the promise of achieving the goal of improving people’s financial health, the acting head of the national bank regulator said Wednesday, adding that his agency has identified attributes of […]
Asserting that it found “wide-ranging violations of law in 2021,” the federal consumer financial protection agency Wednesday issued a report that claimed “irresponsible or mismanaged firms” harmed Americans during the coronavirus crisis. In a release, […]
The 2022 operating budget and an update on the restoration plan for the deposit insurance fund (DIF) are on the discussion agenda for the board of the federal bank deposit insurance agency when it meets […]
Saule T. Omarova — the nominee for a permanent appointment as comptroller of the currency – has withdrawn her name from consideration, the White House said Tuesday. President Joe Biden (D) accepted the withdrawal. Omarova […]
Lauren Oppenheimer is the chief of staff to the leader of the national bank regulator, the agency said Tuesday, advancing after joining the staff just six months ago. According to the Office of the Comptroller […]
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