As proposed last July, a timing restriction for mortgage closing disclosures that could prevent a lender from charging otherwise valid closing cost increases was removed today from the federal consumer protection agency’s “Know Before You […]
The Federal Reserve Board said Thursday that it issued a prohibition order against Gayle Kendrick, a former employee and “institution-affiliated” person at Regions Bank, Birmingham, Ala., who allegedly made at least 13 credit extensions to […]
State requests for extensions of the implementation period for the establishment programs to register and supervise appraisal management companies (AMC) are among the items for discussion in the May 9 meeting of the Appraisal Subcommittee […]
New examination guidance regarding banks’ recovery planning – for which compliance will be phased in by this July – was released by the Office of the Comptroller of the Currency (OCC) in a bulletin (No. […]
Qualified persons interested in serving on one of three advisory bodies for the Consumer Financial Protection Bureau (CFPB) can still apply if they do it by April 30, according to the CFPB’s updated online applications […]
Proposed revisions to the “Volcker rule” – which prohibits banking firms from engaging in proprietary trading or entering into certain relationships with hedge funds and private-equity funds – will be unveiled by the end of […]
The Senate on Tuesday received the president’s nominations of Richard Clarida and Michelle Bowman to complete unexpired terms on the Federal Reserve Board that continue through Jan. 31, 2022, and Jan. 31, 2020, respectively. Clarida […]
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