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What's up
  • [ May 16, 2025 ] Veteran of FDIC, who advised board, members on financial stability, will retire from agency FDIC
  • [ May 15, 2025 ] CFPB rescinds interpretive rule on states’ enforcement of CFPA; withdraws 3 proposed rules focused on EFT, data broker practices, contracts of adhesion CFPB
  • [ May 15, 2025 ] Mississippi banker agrees to prohibition after ignoring order not to accept commission on real estate deal OCC
  • [ May 14, 2025 ] FDIC: Rescission of 2024 merger act policy, report on insurance fund restoration slated FDIC
  • [ May 14, 2025 ] OCC publishes spring ‘25 interest-rate risk report OCC
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CFPB

CFPB rebrands recent – and not so recent – efforts of the bureau, FTC, and law enforcement targeting abusive debt collection practices

September 29, 2020 0

The agency charged with consumer financial protection included information on two of its previously announced cases over abusive debt collection on Tuesday and reintroduced those efforts and others reportedly underway elsewhere under the moniker of […]

COVID-19 actions

Fed checks in with senior loan officers on experiences with Main Street Lending Facility

September 29, 2020 0

Respondents to a September survey regarding banks’ experiences with the Main Street Lending Program (MSLP), created as part of the Federal Reserve’s response to the COVID-19 pandemic, said they expected to see a rise in […]

The Fed

Fed terminates enforcements with Pakistan bank and its NY branch; and GA bank

September 29, 2020 0

A 2015 cease-and-desist order with a Pakistan bank and its New York City branch citing risk management and Bank Secrecy Act-related concerns was terminated last week by the Federal Reserve, the central bank announced Tuesday. […]

COVID-19 actions

Banking agencies make final rules on appraisals, lending program impact on capital

September 29, 2020 0

Temporary rules established to counter the financial impact of the coronavirus crisis – on real estate appraisals and evaluations, and the impact on regulatory capital of participating in special lending facilities – were made final […]

Today

  • Veteran of FDIC, who advised board, members on financial stability, will retire from agency

    May 16, 2025 0
    A 39-year career at the federal bank deposit insurance agency for a top financial stability supervisor will come to an end May 31, the agency said Friday. Arthur J. (“Art”) Murton, deputy to the chairman for financial stability and director [...]
  • CFPB rescinds interpretive rule on states’ enforcement of CFPA; withdraws 3 proposed rules focused on EFT, data broker practices, contracts of adhesion

    May 15, 2025 0
    An interpretive rule that declared essentially no limits on states’ ability to enforce provision of the Consumer Financial Protection Act (CFPA) was rescinded as of Thursday, the Consumer Financial Protection Bureau (CFPB) said in a Federal Register notice published the [...]
  • Mississippi banker agrees to prohibition after ignoring order not to accept commission on real estate deal

    May 15, 2025 0
    A former Mississippi banker has been prohibited from serving at any federally insured financial institution after ignoring a directive three years ago not to accept a $120,000 personal commission as a real estate broker, the national bank regulator said Thursday. [...]
  • FDIC: Rescission of 2024 merger act policy, report on insurance fund restoration slated

    May 14, 2025 0
    The federal bank deposit insurer’s board plans a vote next Tuesday to rescind its 2024 Bank Merger Act rule policy statement, replacing it with the previous statement, and to hear an update on its Deposit Insurance Fund (DIF) restoration plan, [...]
  • OCC publishes spring ‘25 interest-rate risk report

    May 14, 2025 0
    Interest rate risk data gathered during examinations of midsize and community banks are available Wednesday with the publication of the spring 2025 statistics report by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said the [...]

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