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What's up
  • [ January 6, 2026 ] CFPB ends silence; provides ‘tips, reminders’ for 2026 HMDA filings CFPB
  • [ January 6, 2026 ] Fed: Former bank branch manager who took $27k from customer accounts is barred The Fed
  • [ January 5, 2026 ] Nearly half of all banks – 15 – are ‘outstanding’ in latest CRA ratings from OCC OCC
  • [ January 2, 2026 ] Trio of former credit union workers banned; agency claims one caused $720,000 loss over decade NCUA
  • [ January 2, 2026 ] Dearth of banks earning ‘outstanding’ CRA ratings, while two banks score ‘needs improvement’ FDIC
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CFPB

Guidance aims to clear up ‘weakness’ in transfers of mortgage loans by servicers

April 24, 2020 0

Guidance for servicers of residential mortgage loans on transfers of the loans – apparently a long-time bugaboo of the federal consumer financial protection agency – was outlined late Friday by the agency. According to the […]

COVID-19 actions

Bulletin: OCC alone has ‘visitorial’ authority over national banks involved in federal COVID-19 programs

April 24, 2020 0

The regulator of national banks on Friday issued a bulletin to supervised institutions underscoring the federal regulator’s “exclusive visitorial authority” over the institutions, including with respect to their involvement in federal COVID-19 (coronavirus) financial support […]

FDIC

March FDIC orders include two civil money penalties totaling $90k

April 24, 2020 0

Civil money penalties (CMPs) against two bank-affiliated individuals, related to findings of unsafe or unsound practices and breaches of fiduciary duty, are among the 13 administrative (enforcement) actions taken in March and disclosed Friday by […]

COVID-19 actions

Fed drops Reg D ‘six-per-month’ limit on savings account transfers, withdrawals to make cash more accessible

April 24, 2020 0

Banks and other depository institutions may allow their customers to make an unlimited number of convenient transfers and withdrawals from savings accounts following action by the Federal Reserve Friday. In a release, the Fed said […]

COVID-19 actions

More SBA-qualified lenders will be made eligible for PPP liquidity facility, Fed announces

April 23, 2020 0

Efforts are underway at the Federal Reserve to provide more Small Business Administration-qualified lenders access to a Federal Reserve facility created to support the SBA’s Paycheck Protection Program “as soon as possible,” the Fed said […]

COVID-19 actions

Fed moves to make primary, secondary credit more readily available amid COVID-19

April 23, 2020 0

The Federal Reserve Board on Thursday announced temporary actions to make intraday credit more readily available – on a collateralized and an uncollateralized basis – to financial institutions experiencing disruptions from the coronavirus (COVID-19) pandemic. […]

Today

  • CFPB ends silence; provides ‘tips, reminders’ for 2026 HMDA filings

    January 6, 2026 0
    Reminders and tips for 2026 Home Mortgage Disclosure Act (HMDA) filings were issued Tuesday by the federal consumer financial protection agency, which also noted some updates to file locations. The Consumer Financial Protection Bureau (CFPB) noted that an upgrade has [...]
  • Fed: Former bank branch manager who took $27k from customer accounts is barred

    January 6, 2026 0
    A former branch manager of Regions Bank, Birmingham, Ala., who allegedly took money from customer accounts is barred from any future work in federally insured financial institutions under a consent order released Tuesday by the Federal Reserve Board. The Fed, [...]
  • Nearly half of all banks – 15 – are ‘outstanding’ in latest CRA ratings from OCC

    January 5, 2026 0
    Fifteen banks – out of 33 total — were awarded “outstanding” ratings for their compliance with rules implementing anti-redlining laws for evaluations that became public in December, the national bank regulator said Monday. No banks evaluated for their compliance with [...]
  • Trio of former credit union workers banned; agency claims one caused $720,000 loss over decade

    January 2, 2026 0
    Three former credit union workers were banned from further work at financial institutions by the federal regulator Dec. 31, including one who allegedly caused a nearly three-quarters of a million dollars loss over a 10-year period, the agency said. According [...]
  • Dearth of banks earning ‘outstanding’ CRA ratings, while two banks score ‘needs improvement’

    January 2, 2026 0
    While no banks in October earned ratings of “outstanding” for their compliance with anti-redlining rules, two banks earned “needs improvement” in their scores posted Friday by the federal bank deposit insurance agency. The Federal Deposit Insurance Corp. (FDIC) released the [...]

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