A proposal to prescribe regulations on residential “Property Assessed Clean Energy (PACE)” financing was issued Monday by the federal consumer financial protection agency, as required under regulatory relief legislation enacted in May 2018. The Consumer […]
Comments on whether to consider changing a form for gathering and reporting complaints about appraisals will be due in early May after a previous comment period generated no comments at all, according to filings published […]
The Senate will have its own turn with the federal consumer financial protection agency when it holds an oversight hearing next week, featuring the group’s new director. Kathleen (“Kathy”) Kraninger, the director of the Consumer […]
The chairman and a board member of the Federal Reserve take to stages again next week to discuss the economy and monetary policy in two separate addresses, according to the Fed’s calendar for the week. […]
A report spanning the years leading up to and after the housing crisis shows a sharp rise in the proportion of servicemember mortgages guaranteed by the Department of Veterans Affairs (VA) among first-time homebuyers that […]
An oversight hearing on the federal consumer financial protection bureau – the first under its new director – plus proposed changes to how nonbank firms are determined to pose risks to financial stability and a new rule […]
Evaluations for compliance with the Community Reinvestment Act (CRA) are slated for 567 banks and thrifts supervised by the Federal Deposit Insurance Corp. (FDIC) during the second and third quarters of this year, the agency […]
A former employee of a Wilkes-Barre, Pa., credit union was in February prohibited from participating in the affairs of any federally insured financial institution, the federal credit union regulator said Thursday. The National Credit Union […]
“Crosscurrents” that are buffeting the economy bear careful scrutiny, particularly as policy uncertainty around the globe remains elevated, the vice chairman of the Federal Reserve told a group Thursday. Speaking to a conference in Washington […]
An Illinois bank holding company will pay a $1 million civil money penalty (CMP) after suffering a $2.7 million loss due to weak internal controls, failure to supervise staff and a lack of segregation of […]
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