U.S. commercial banks and federal savings associations had $14.7 billion in trading revenue in the second quarter, up $8 billion, or 119.3%, from the first quarter and 81.5% more than the $8.1 billion reported in […]
A second application round for credit unions seeking certification as community development financial institutions (CDFIs) is open at the National Credit Union Administration (NCUA) until Oct. 17, the agency said Monday. NCUA said that federally […]
A Federal Deposit Insurance Corp. (FDIC) advisory panel on systemic resolution matters, and which last met in December 2018, is scheduled to hold an open meeting this Oct. 1 to discuss issues and developments related […]
A final rule announced in July that removes some previous restrictions on financial institutions’ sharing of confidential supervisory information (CSI) under Freedom of Information Act (FOIA) requirements was published in the Federal Register Tuesday and […]
An outline of proposals under consideration for the collection of data on women-owned, minority-owned, and small businesses that could apply to depository institutions with assets of $600 million or less was released Tuesday by the […]
A consent order announced Monday between the consumer financial protection agency and a mortgage firm licensed in about 22 states imposes a $625,000 civil money penalty against the firm for deceptively advertising Veterans Administration (VA)-backed […]
July and August were not great months for mortgage companies if they’d been caught ripping off military vets and servicemembers. Reg Report reported on one order issued by the consumer financial protection bureau in late […]
A June 2014 enforcement action with Allied First Bancorp, Inc., of Oswego, Ill., that charged the bank holding company with, among other things, ensuring its subsidiary bank complied with an order finding unsafe and unsound […]
A “self-initiated” review by the inspector general’s office of the federal regulator of credit unions concludes that the agency should continue to seek statutory authority for direct examination and enforcement authority over credit unions’ third-party […]
A criminal complaint unsealed Thursday charges two New York brothers for allegedly conspiring and submitting at least eight applications for nearly $7 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info