A “streamlined” application process is being phased out for credit unions eligible to be certified as a community development financial institution (CDFI), the federal credit union regulator said Thursday. Instead, the National Credit Union Administration […]
A fair, transparent, and competitive auto lending market – particularly as car prices, for especially used models, rise – will be a focus of the federal consumer financial protection agency, it said in a blog […]
In a sign that the current acting comptroller of the currency may stay in that position for a bit longer, the Office of the Comptroller of the Currency (OCC) advertised Wednesday for a “senior advisor […]
Nondiscrimination requirements under the Equal Credit Opportunity Act (ECOA) and fair lending risk areas related to marital status, age, income consideration, redlining, and indirect lending are the focus of a letter issued Wednesday to credit […]
A factsheet on the interest rate used for calculating prepaid interest under certain mortgage lending rules was issued Wednesday by the federal consumer financial protection agency. The Consumer Financial Protection Bureau (CFPB) said the fact […]
A New York credit union conserved by state and federal regulators nearly three years ago was returned to the control of its members, the federal credit union regulator said Wednesday. Municipal Credit Union of New […]
Protecting homebuyers from bias resulting through the use of algorithms applied in property valuations is the aim of “options” released Wednesday by the federal consumer financial protection agency. The Consumer Financial Protection Bureau (CFPB) said […]
A detailed explanation of U.S. economic and financial sanctions imposed in response to Russian President Vladimir Putin’s decision to recognize two “’independent’ states” was released by the Treasury Department Tuesday. The Treasury detail was released […]
A new set of frequently asked questions (FAQs), with answers, addressing transitional issues related to last year’s rescission of a 2020 final Community Reinvestment Act (CRA) rule was issued Tuesday by the Office of the […]
An updated rule that expands the opportunities for parties in adjudication proceedings to conduct depositions was issued – and became effective – Tuesday by the federal consumer financial protection agency. According to filings in Tuesday’s […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info