Fifty basis points have been shaved off of the pricing for the Federal Reserve’s Municipal Liquidity Facility (MLF), the agency said late Tuesday, in another move by the Fed to encourage participation by states and […]
A set of 34 frequently asked questions (with answers) regarding its payday lending rule – addressing covered loans, payment transfers, and payment notices – has been published by the Consumer Financial Protection Bureau (CFPB), the […]
Apparently expressing confidence that students will be actually returning to their schools over the next few weeks, federal bank, credit union, and consumer financial protection regulators are scheduling a webinar late this month on financial […]
As the financial impact of the coronavirus became increasingly apparent this spring, top federal financial regulators intensified their interaction, meeting – typically by conference calls – more than 60 times from March through June, according […]
A project manager employed by a major retailer has pleaded guilty to bank fraud charges for fraudulently seeking more than $8 million in forgivable Paycheck Protection Program (PPP) bank loans, the Federal Deposit Insurance Crop. […]
An umbrella council for federal financial institution regulators on Friday approved a one-year extension of appraisal credentialing requirements for federally related commercial real estate transactions under $1 million in North Dakota. The extension, which continues […]
Individual capital requirements ranging from 13.7% to 7% for the 34 largest U.S. banks, effective Oct. 1, were released Monday by the Federal Reserve, with Goldman Sachs and Morgan Stanley at the top of the […]
Nine banks earned ratings of “outstanding” for compliance with anti-redlining rules by the regulator of national banks in July, the agency said Friday – accounting for 30% of all evaluations publicly released last month. The […]
Risk of fraud associated with the financial impact of the coronavirus crisis is the emphasis of a new risk alert issued Thursday by the federal regulator of credit unions. The alert (20-RISK-02) from the National […]
An interim reduction of assessments charged by the federal regulator of national banks goes into effect Sept. 7, to be reflected in assessments paid Sept. 30, the agency said in a release Friday. The Sept. […]
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