19dec02 – Regulatory Report

What's up

[ July 27, 2021 ] OCC raises profile of acting on climate change risk with appointment of risk officer, membership in global group OCC
[ July 27, 2021 ] Consumers start to borrow more, but not those at extreme ends of range CFPB
[ July 27, 2021 ] Digital assets RFI carries Sept. 27 comment deadline NCUA
[ July 27, 2021 ] CFPB response to COVID-19, lending on agendas for August advisory panel meetings CFPB
[ July 26, 2021 ] Credit unions urged to review CFPB final rule amending mortgage servicing rights in wake of pandemic NCUA

Enforcement actions manual released to promote ‘transparency and clarity’

December 2, 2019 0

A manual of enforcement actions – formal and informal – is available to the public to provide banks and others with “transparency and clarity,” the federal insurer of bank deposits said Monday. In the public […]

Agency schedules more than 500 CRA exams during first half of 2020

December 2, 2019 0

More than 500 banks and savings institutions are scheduled to receive examinations for anti-redlining regulation compliance during the first and second quarters of 2020, the federal insurer of bank deposits said Friday. In a release, […]

OCC raises profile of acting on climate change risk with appointment of risk officer, membership in global group

July 27, 2021 0

Climate change and its impact on the risk it presents to national banks took a bigger role Tuesday with the appointment by the banks’ regulator of a climate change risk officer and membership in a global regulators’ group assessing “greening” [...]
Consumers start to borrow more, but not those at extreme ends of range

July 27, 2021 0

Consumer credit applications have returned to pre-pandemic levels, the federal consumer financial protection agency said Tuesday, with “prime” and “near-prime” consumers driving the recovery – but subprime and “deep subprime” consumer applications remain down. In a release, the Consumer Financial [...]
Digital assets RFI carries Sept. 27 comment deadline

July 27, 2021 0

Input from the public on the impacts of activities connected to digital assets and related technologies on federally insured credit unions, other entities, and the federal credit union regulator is due to the agency Sept. 27, according to a notice [...]
CFPB response to COVID-19, lending on agendas for August advisory panel meetings

July 27, 2021 0

Four advisory panels of the Consumer Financial Protection Bureau (CFPB) are set to meet publicly over a three-day period in August, three of them focusing on broad regulatory policy matters, recent bureau initiatives related to the COVID-19 recovery, and “trends [...]