deceptive acts – Regulatory Report

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[ March 24, 2025 ] Facing White House demands to cut staffing, credit union regulator board cancels public meeting, struggling to slash workforce by reported nearly 16% NCUA
[ March 24, 2025 ] OCC mortgage metrics data show small increase in loans’ Q4 performance OCC
[ March 21, 2025 ] Bank trading revenue down in Q4; grew year over year OCC
[ March 21, 2025 ] ‘Reputation risk’ will no longer be included as element in bank examinations, OCC announces OCC
[ March 21, 2025 ] Fed releases audited 2024 financial statements covering board, banks, more The Fed

Two charged with deceptive acts, telemarketing in connection with student loans, credit repair

November 20, 2020 0

Two owners of a now-dissolved Illinois firm that promised to provide student-loan relief and credit repair services were sued Friday by the federal consumer financial protection bureau, which charged them with violating federal consumer law […]

Facing White House demands to cut staffing, credit union regulator board cancels public meeting, struggling to slash workforce by reported nearly 16%

March 24, 2025 0

The public meeting of the federal credit union regulator board, set for Thursday (March 27), is now cancelled, according to a notice posted on the agency’s website over the weekend. However, according to recent reporting, the agency board is apparently [...]
OCC mortgage metrics data show small increase in loans’ Q4 performance

March 24, 2025 0

Data on first-lien residential mortgage loans serviced by seven national banks with large mortgage-servicing portfolios shows a 0.1% improvement in the loans’ fourth-quarter performance from 2023 to 2024, the Office of the Comptroller of the Currency (OCC) said Monday. The [...]
Bank trading revenue down in Q4; grew year over year

March 21, 2025 0

Banks’ fourth-quarter trading revenue of $14.8 billion was down 10.6% from the third quarter but up 26.7% from a year ago, the Office of the Comptroller of the Currency (OCC) said in a report Friday. The agency’s Quarterly Report on [...]
‘Reputation risk’ will no longer be included as element in bank examinations, OCC announces

March 21, 2025 0

“Reputation risk” will no longer be an element in examinations by the national bank regulator under a bulletin issued late Thursday by the agency, which also said it had instructed its examiners to stop assessing for the risk. Under its [...]
Fed releases audited 2024 financial statements covering board, banks, more

March 21, 2025 0

Financial statements for 2024 about the Federal Reserve System – covering the 12 Federal Reserve Banks, the agency board, and one limited liability company (LLC) (consolidated with the Boston bank) – were released Friday by the Fed. The agency said the [...]