The Federal Deposit Insurance Corp. (FDIC) Advisory Committee on Economic Inclusion will meet, focusing on updates from the committee members about key challenges facing their communities or organizations, developments in credit scoring and underwriting, mortgage market […]
The federal bank deposit insurer’s Advisory Committee on Economic Inclusion is slated to meet in open session Oct. 22 from 9 a.m to 4 p.m., according to a notice for the Federal Register, to discuss […]
Examiner instructions on evaluating banks for compliance with anti-redlining rules will now include guidance urging the banks to consider partnering with minority depository institutions (MDI) and low-income credit unions for credits toward compliance , the […]
Directors or other management officials at banks with assets of $10 billion or less would no longer face restrictions from serving at more than one depository institution or holding company at the same time (and […]
Encouraging innovation that meets consumer demand, promotes community banking, reduces compliance burdens, and modernizes supervision are all part of the “foundation for the next chapter of banking,” the board chairman for the federal insurer of […]
A notice of a correction to a fair lending report issued earlier this year – which details an omission of a complaint of discrimination regarding national origin – is outlined by the federal consumer financial […]
A chief of staff and deputy director of the risk management division of the federal insurer of bank deposits was named Monday by the agency, replacing the previous incumbent who was promoted to another position […]
The appraisal threshold for real estate transactions secured by a 1-to-4 family residential property will rise from $250,000 to $400,000 under a final rule issued Friday by federal banking agencies, but banks will still be […]
Four policy statements that are deemed “outdated and no longer necessary” are proposed to be rescinded by the federal insurer of bank deposits, according to a filing made public Friday. The Federal Deposit Insurance. Corp. […]
The federal bank deposit insurer plans to terminate 13 receiverships, most of which date back to 2009, according to a Federal Register notice. “The liquidation of the assets for each receivership has been completed,” the […]
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