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What's up
  • [ November 13, 2025 ] CFPB proposes to reduce Reg B consumer protections; focus small-biz loan data collection on ‘truly small’ businesses CFPB
  • [ November 13, 2025 ] Agencies release CRA-required data on 2024 small business, farm, community development lending FDIC
  • [ November 13, 2025 ] Booklet on SCRA revised noting changes in risk-based supervision, removal of ‘reputation risk’ OCC
  • [ November 12, 2025 ] CFPB: DOJ office finds bureau may not legally draw funds ‘at this time’ CFPB
  • [ November 12, 2025 ] Concern over ‘policy uncertainty’ risks grows, with distress over ‘geopolitical’ risks rising sharply, Fed survey shows The Fed
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COVID-19 actions

Fed opens Paycheck Protection Program Liquidity Facility to non-depositories; purchased PPP loans can be collateral

April 30, 2020 0

The Federal Reserve’s liquidity facility to support lending through the Small Business Administration (SBA) Paycheck Protection Program (PPP) will be available to more lenders and now will also take purchased PPP loans as collateral, the […]

Other

Risks associated with cloud computing target of joint regulators’ statement

April 30, 2020 0

Risk management practices for a financial institution’s safe and sound use of cloud computing services and safeguards to protect customers’ sensitive information from risks that pose potential harm are outlined in an 11-page “statement” issued […]

The Fed

Fed fines Israel bank $37+ million related to facilitating tax evasion; is part of $874 million imposed by Fed, DoJ, NY regulators

April 30, 2020 0

Bank Hapoalim B.M. (BHBM), headquartered in Israel and operating in the United States, was assessed a $37.35 million civil money penalty (CMP) by the Federal Reserve Board Thursday over “unsafe and unsound practices” resulting in […]

COVID-19 actions

Senate Banking chief sent wish list for legislation to deal with crisis from credit union regulator

April 30, 2020 0

Four areas of statutory changes that the federal credit union regulator said would assist its efforts “in light of COVID-19” were outlined in a letter from the agency’s chairman to the chairman of the Senate […]

NCUA

Former PA credit union employee barred by federal regulator

April 30, 2020 0

Tanya Green-Smith, a former employee of Northwood Federal Credit Union in Philadelphia, Pa., was permanently barred from future participation in the affairs of any federally insured financial institution under an order issued April 1 by […]

CFPB

CFPB updates, republishes consumer guide to COVID-19 stimulus relief

April 30, 2020 0

A question-and-answer blog post answering consumers’ questions about relief available to them related to the COVID-19 (coronavirus) pandemic was updated (from the April 10 version) and issued anew Thursday by the Consumer Financial Protection Bureau […]

NCUA

Credit union regulator becomes latest to urge exemption from CECL accounting standard

April 30, 2020 0

The federal credit union regulator became the latest to call for an exemption for the institutions he supervises from new accounting rules requiring estimation of expected losses over the life of loans, known as the […]

COVID-19 actions

Credit unions advised of strategies to use in helping member borrowers facing coronavirus crisis hardship

April 30, 2020 0

Strategies credit unions can use to work with borrowers who experience financial hardship because of the coronavirus crisis are outlined by the federal credit union regulator in a letter to its supervised institutions released Thursday. […]

CFPB

Fact sheets attempt to explain appraisals, their delivery, in mortgage lending

April 30, 2020 0

Two new fact sheets focusing on appraisals and other valuations and their delivery in home mortgage loan applications were released Thursday by the federal consumer financial protection agency, which said the documents were issued in […]

Today

  • CFPB proposes to reduce Reg B consumer protections; focus small-biz loan data collection on ‘truly small’ businesses

    November 13, 2025 0
    Changes to its Regulation B implementing the Equal Credit Opportunity Act (ECOA), including removal of provisions recognizing “disparate impact” and a narrowing of its small-business loan data collection requirements, are proposed by the Consumer Financial Protection Bureau (CFPB) with public [...]
  • Agencies release CRA-required data on 2024 small business, farm, community development lending

    November 13, 2025 0
    Data on small business, small farm, and community development lending during 2024 – required by rules implementing anti-redlining laws – was released Thursday by federal banking agencies. In joint releases, the Federal Reserve, Office of the Comptroller of the Currency [...]
  • Booklet on SCRA revised noting changes in risk-based supervision, removal of ‘reputation risk’

    November 13, 2025 0
    The risk-based supervision approach is now incorporated into a booklet used by the national bank regulator to assess compliance with statutes designed to provide protections to active-duty customers in the U.S. armed services, the agency said Thursday. The Office of [...]
  • CFPB: DOJ office finds bureau may not legally draw funds ‘at this time’

    November 12, 2025 0
    The consumer bureau charged with consumer financial protection under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) may not legally request funds “at this time” from the Federal Reserve, the bureau said in a release Tuesday, Veterans Day. [...]
  • Concern over ‘policy uncertainty’ risks grows, with distress over ‘geopolitical’ risks rising sharply, Fed survey shows

    November 12, 2025 0
    “Policy uncertainty” has risen as a “salient risk” to the financial system, at least in the eyes of those working in the financial services industry, according to results of a Federal Reserve survey released Nov. 7. The survey was part [...]
  • FDIC reduces consumer compliance exam, CRA eval frequency for most

    November 7, 2025 0
    A revised consumer compliance examination manual provides for less-frequent consumer compliance exams for most supervised banks, the Federal Deposit Insurance Corp. (FDIC) said in a Financial Institution Letter (FIL) Friday. The agency said its updated manual also establishes a new [...]

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