elder financial exploitation – Regulatory Report

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[ June 17, 2021 ] On deck June 24 at NCUA: FCU loan-rate ceiling, CECL, interest capitalization NCUA
[ June 17, 2021 ] ICYMI: Banking agencies shutter doors Friday to observe Juneteenth holiday FDIC
[ June 17, 2021 ] Fed moves cap on assets of merged institutions closer to $2.2 trillion The Fed
[ June 17, 2021 ] HMDA data for 2020 mortgage activity available now, exam council says Other
[ June 17, 2021 ] Journal looks at changing aspects of NIM, impact of pandemic on bank mortgage lending FDIC

Webinar: FinCEN, BCFP on combatting elder financial exploitation

June 7, 2018 0

Webinar on combatting elder financial abuse Focus on the importance of suspicious activity reports (SARs) and the role they may play in aiding law enforcement’s investigation of elder financial exploitation cases. It is related to […]

UPDATED: BCFP to ‘reconstitute, reduce’ consumer, bank, CU councils

June 6, 2018 0

The consumer, bank and credit union advisory panels that provide industry input and advice to the federal consumer financial protection agency will be reconstituted to “new, smaller memberships,” the agency said Wednesday in a blog […]

On deck June 24 at NCUA: FCU loan-rate ceiling, CECL, interest capitalization

June 17, 2021 0

Final rules on the current expected credit loss methodology and capitalization of interest are slated for action during the June 24 open meeting of the federal credit union regulator’s board – which will also address the federal credit union (FCU) [...]
ICYMI: Banking agencies shutter doors Friday to observe Juneteenth holiday

June 17, 2021 0

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 law signed by Biden created [...]
Fed moves cap on assets of merged institutions closer to $2.2 trillion

June 17, 2021 0

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 the next 12 months. The [...]
HMDA data for 2020 mortgage activity available now, exam council says

June 17, 2021 0

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. The group, including federal and [...]
Journal looks at changing aspects of NIM, impact of pandemic on bank mortgage lending

June 17, 2021 0

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 Corp. (FDIC). In its latest [...]
CFPB: Credit account delinquencies ticked up some but remain at pre-pandemic levels

June 17, 2021 0

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 in a “special issue brief” [...]