The three federal banking agencies were closed Friday, they announced in separate releases Thursday, in observance of the new federal Juneteenth National Independence Day holiday signed into law Thursday by President Joe Biden (D). The […]
Final rules on the current expected credit loss methodology and capitalization of interest, and action on the federal credit union (FCU) loan interest rate ceiling, are on the agenda for the June 24 open meeting […]
New delinquencies for auto loans and credit cards began to rise somewhat in the second half of 2020 but remained at or below pre-pandemic levels as of March 2021, the consumer financial protection agency said […]
The relationship between interest rates and net interest margin (NIM) has been much less pronounced recently for banks with high concentrations of longer-term assets, according to a report issued Thursday by the Federal Deposit Insurance […]
Financial firms resulting from a merger will be limited to no more than approximately $2.1787 trillion in total consolidated assets under a revised financial sector liability measurement announced by the central bank that applies over […]
Data on mortgage lending transactions during 2020 at 4,475 U.S. financial institutions, collected and reported under the Home Mortgage Disclosure Act (HMDA), is available now, the umbrella Federal Financial Institutions Examination Council (FFIEC) said Thursday. […]
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