A revised “Director’s Book: Role of Directors for National Banks and Savings Associations” and a newly published “Director’s Reference Guide to Board Reports and Information” were announced Thursday by the Office of the Comptroller of […]
A “no action letter” (NAL) giving Bank of America supervisory cover for its planned approach to small-dollar lending was granted Thursday, according to a release by the consumer financial protection agency. The Consumer Financial Protection […]
Deceptive acts or practices in taking deposits from and offering credit to consumers – allegedly at interest rates nearing 1000% – has earned a Florida company and its chief executive a lawsuit by the federal […]
Sheila C. Bair, the former chairman of the Federal Deposit Insurance Corp. (FDIC) during the 2008 financial crisis, will be the next board chair for mortgage behemoth Fannie Mae as of Nov. 20, the company […]
Public comments on a proposed rule codifying a 2018 statement on the role of supervisory guidance – binding regulators to that guidance and stating that such guidance does not have the force and effect of […]
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