Prospective members of the Federal Reserve’s Community Advisory Council (CAC) have 30 more days or so to apply for a position on the panel, the agency said Monday. The Fed, in a release, said it […]
A credit repair company based in Boston faces a joint lawsuit by state and federal authorities charging the firm violated prohibitions against deceptive acts or practices in collecting at least $23 million in fees from […]
Complaints about mortgages and credit cards top those related to the coronavirus crisis that have been received by the federal consumer financial protection agency during the pandemic, the agency said Friday, with total complaints reaching […]
Outgoing Comptroller of the Currency Joseph Otting received a warm farewell from the board chairman at the federal credit union regulator Friday, the first (and, so far, only) of the national bank regulator’s federal regulator […]
The “unremittingly awful” financial conditions have eased since the middle of March – when the economic impact of the coronavirus crisis became clear – due in part to actions taken by the Federal Reserve, the […]
Making it official, a transition from Joseph Otting to Brian P. Brooks as the next leader of the Office of the Comptroller of the Currency (OCC) was announced Thursday by the agency, confirming what had […]
On the same day that his agency finalized what is arguably the most momentous regulatory action of his tenure in rewriting anti-redlining rules, the comptroller of the currency announced his resignation will be submitted by […]
A final rule rewriting rules implementing anti-redlining laws was released by the Office of the Comptroller of the Currency (OCC) Wednesday, which the agency said included at least four changes from the proposal released in […]
In a major setback for uniform reform of rules implementing anti-redlining laws, the federal insurer of bank deposits said Wednesday it was not ready to finalize a joint proposal on rewriting the rules, citing challenges […]
A video intended to illustrate to consumers how they can receive coronavirus-related economic impact payments (EIPs) on a prepaid debit card, beginning this week, was released Tuesday by the Consumer Financial Protection Bureau (CFPB). The […]
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