A Borrower Protection Program involving the interagency sharing of mortgage servicing information during the coronavirus (COVID-19) national emergency was announced Wednesday by the Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA), […]
All four advisory committees to the Consumer Financial Protection Bureau (CFPB) will meet publicly by conference call May 1 to discuss a single agenda item, “impacts on consumers related to the COVID-19 [coronavirus] pandemic,” according […]
Temporary deferrals on real estate-related appraisals and evaluations under federal banking agencies’ interagency appraisal regulations were issued late Tuesday for up to 120 days. The National Credit Union Administration (NCUA) Board is considering a similar […]
Issues and potential solutions relating to the Paycheck Protection Program (PPP) created under a recently enacted law related to the coronavirus (COVID-19) pandemic will be discussed over the course of three listening sessions to be […]
Certain coronavirus relief payments from the government will not be considered “government benefits” and thus may be issued to consumers via prepaid cards, according to an interpretive rule issued Monday by the federal consumer financial […]
A September 2013 consent order with SunSouth Bancshares Inc., of Dothan, Ala., was terminated this April 7, the Federal Reserve Board announced Tuesday. The consent order, which involved the Atlanta Federal Reserve Bank and the […]
Drawing attention to the cybersecurity risks associated with the increasing incidence of remote work, conference calls, and video meetings during the coronavirus crisis, a “risk alert” was issued Tuesday by the federal credit union regulator […]
Eliminating the six-month waiting period for new members to receive a loan is one of several “enhancements” for the lending arm of the federal credit union regulator that was approved by the agency’s board Monday. […]
On-balance sheet amounts of U.S. Treasury securities and deposits at Federal Reserve Banks will – temporarily – no longer be counted in the calculation of the supplementary leverage ratio for the capital rule issued by […]
A webinar aimed at increasing awareness among the general public of the benefits of federal deposit and share insurance – particularly during the coronavirus crisis – will be held jointly Thursday from 2 to 3 […]
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