The next meeting of the community banking advisory committee for the federal bank deposit insurance agency will be on Oct. 10, according to filings Monday with the Federal Register. According to the notice filed by […]
The coming week brings a mix of developments related to federal banking regulation and policy, including another potential rate hike from the Fed, consumer bureau advisory council meetings (the first held since the panels were […]
Grants of up to $7,500 for low-income credit unions that sustained damage from the recent Hurricane Florence and need to restore operations are available, the federal credit union regulator said Monday. In a release, the […]
Top regulatory supervisors from the Federal Reserve and the Federal Deposit Insurance Corp. (FDIC) will speak next week at a conference focusing on research and policy for community banking. Randal K. Quarles, the Federal Reserve […]
Second-quarter performance of first-lien residential mortgage loans at seven national banks with large mortgage-servicing portfolios – comprising 33% of all residential mortgages outstanding in the country – was “largely unchanged” from 2017 to 2018, the […]
The Bureau of Consumer Financial Protection (BCFP, formerly known as CFPB) is planning to move its southeast regional team out of the bureau’s Washington, D.C., headquarters and to Atlanta, Ga., in late 2019, the agency […]
Friday is the first day that a no-charge credit freeze is available to consumers, mandated under regulatory relief legislation enacted this spring – and the federal consumer financial protection agency highlighted the launch date on […]
Essentially cleaning up its regulatory roster, the Federal Reserve Friday proposed rule changes that reflect the transferal of its jurisdiction over certain mortgage-licensing related rules to the federal consumer financial protection agency. The Fed is […]
Legacy swaps entered into before the applicable compliance date will not become subject to swap margin requirements if they are amended solely to comply with the requirements of qualified financial contracts (QFCs) of systemically important […]
A former bank officer and employee who committed numerous lending violations that cost his bank more than $400,000 will pay a $1,000 civil money penalty (CMP) and may no longer engage in the affairs of […]
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