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What's up
  • [ June 9, 2023 ] ‘Trust in banking’ will be focus of new public survey proposed by national bank regulator OCC
  • [ June 8, 2023 ] Bureau orders medical debt collector Phoenix to pay $1.675 million penalty plus consumer redress CFPB
  • [ June 8, 2023 ] Credit union loans grow, but so do ‘warning signs’ among other key indicators in first quarter NCUA
  • [ June 8, 2023 ] OCC’s mutual savings association panel meets June 27 OCC
  • [ June 8, 2023 ] Joint proposal would offer guidance on reconsiderations of value (ROVs) in real estate appraisals CFPB
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The Fed

Fed raises interest rate on banks’ Reg D reserves, primary credit rate

August 9, 2022 0

Two key rate changes were approved by the Federal Reserve Board in connection with the central bank’s July 27 increase in the federal funds target rate, according to notices Tuesday in the Federal Register on […]

COVID-19 actions

Fed reduces primary credit rate, Reg D reserves interest rates to meet fed funds rate cut

March 9, 2020 0

Last week’s emergency 0.5% reduction in the federal funds rate target was followed by corresponding reductions in the rate that Federal Reserve Banks will charge on primary and secondary credit and the rate paid on […]

The Fed

Fed poised to announce measures increasing banking system reserves to preclude ‘frequent market interventions’

October 8, 2019 0

Measures to add to the supply of reserves in the banking system over time will soon be announced, with a goal of ensuring ample reserves in place to deal with changes in the economy and […]

The Fed

Fed Gov. Brainard says conditions point to continued, gradual fed funds rate hikes

March 6, 2018 0

Federal Reserve Board Gov. Lael Brainard told an economic club in New York Tuesday that continued, gradual increases in the federal funds rate will likely “remain appropriate to ensure inflation rises sustainably to our target […]

Today

  • Bureau orders medical debt collector Phoenix to pay $1.675 million penalty plus consumer redress

    June 8, 2023 0
    A medical debt collector that in “at least thousands of times” continued efforts to collect on debt that was not substantiated after a consumer disputed the debt’s validity must pay redress plus a $1.675 million civil money penalty under an [...]
  • Credit union loans grow, but so do ‘warning signs’ among other key indicators in first quarter

    June 8, 2023 0
    Credit unions saw healthy growth in loans during the year’s first quarter, but other performance indicators – including net income, provision for loan losses, and delinquencies – showed some warning signs, according to numbers released Thursday by their federal regulator. [...]
  • OCC’s mutual savings association panel meets June 27

    June 8, 2023 0
    Topics of interest to the mutual savings association industry will be discussed publicly during a June 27 advisory committee meeting at the Office of the Comptroller of the Currency (OCC). The OCC’s Mutual Savings Association Advisory Committee (MSAAC), hosted in [...]
  • Joint proposal would offer guidance on reconsiderations of value (ROVs) in real estate appraisals

    June 8, 2023 0
    Reconsiderations of value (ROVs) for residential real estate valuations that allow consumers to provide financial institutions with information that may not have been considered during an appraisal, or if deficiencies are identified in the original appraisal, are offered in new [...]
  • Data collections surpass 500 in latest compilation from federal financial research agency

    June 8, 2023 0
    More than 500 data collections from federal financial institution regulators are included in the latest catalog compiled by the Treasury’s agency for researching financial information. The Office of Financial Research (OFR) said its 2023 Interagency Data Inventory (IDI), updated annually, [...]

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