Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Regulatory capital rules are on the discussion agenda of the Federal Deposit Insurance Corp. (FDIC) Board meeting slated July 27, marking a step forward in banking regulators’ plans to issuing joint proposed rules for implementing […]
Some banks are incorrectly omitting uninsured deposits that are collateralized by pledged assets from their call report estimates of uninsured deposits, the Federal Deposit Insurance Corp. (FDIC) said Monday. In a Financial Institution Letter (FIL), […]
Fourteen years after allegedly committing fraud at the bank for which he was a director, an attorney has been found guilty of five counts in federal court, the inspector general of the federal bank deposit […]
Banks are reminded that annual self-assessments of their diversity policies and practices that are voluntarily conducted and submitted are due by Sept. 30, the federal deposit insurance agency said Thursday in a letter to all […]
A final policy statement on commercial real estate loan accommodations and workouts, designed to reinforce and build on existing supervisory guidance, was released June 29 by federal banking and credit union regulators. The policy statement, […]
Eight banks earned ratings of “outstanding” for their compliance with rules implementing anti-redlining laws, two federal banking agencies said Monday. However, those agencies also reported three banks “need to improve” their compliance with rules implementing […]
The 2023 list of distressed or underserved nonmetropolitan middle-income geographies – which assists banks in determining where revitalization or stabilization activities are eligible to receive anti-redlining consideration – was released Friday by the federal banking […]
The federal banking agencies will issue “in the near term” a notice of proposed rulemaking on changes to the U.S bank capital framework to consider how best to incorporate the finalization of Basel III, the […]
A rule proposed in early June that recognizes the increasing frequency of use of automated valuation models (AVMs) by mortgage lenders in determining the value of property is out for comment until Aug. 21, according […]
Title: Quality Control Standards for Automated Valuation Models Subject: Residential mortgage valuation Agency: CFPB, Federal Reserve, FDIC, FHFA, NCUA, OCC Status: Proposed rule Summary: The Office of the Comptroller of the Currency (OCC), Federal […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info