Options for financial institutions to consider in generating more lending to low- to moderate-income (LMI) borrowers should be considered by the Treasury Department as it reviews how community reinvestment requirements are being applied, a new […]
Material supervisory determinations by a federal financial institution regulator could be reviewed by a newly created federal office under legislation approved by the House Thursday. The legislation, H.R. 4545 (the ‘‘Financial Institutions Examination Fairness and […]
The Office of the Comptroller of the Currency (OCC) on Thursday announced the appointment of Maureen Whalen as Deputy Comptroller for External Governance and the Ombudsman Office, effective June 10. In her new role, Whalen will […]
Banks have increased their risk in commercial real estate (CRE) lending since the Great Recession of 2007-09, but regulators are – for the most part – adequately dealing with the banks that have developed weakness […]
Two workshops are being offered by the Office of the Comptroller of the Currency (OCC) April 24 and 25 at the Holiday Inn Fort Walton Beach, Fort Walton Beach, Fla., for directors of national community […]
The Consumer Financial Protection Bureau (CFPB) – the federal agency charged with writing and enforcing federal consumer financial protection rules under the Dodd-Frank financial reform law – is inviting applications for membership on three advisory […]
A proposal to adjust credit union bylaws and another addressing procurement processes were approved for publication by the National Credit Union Administration (NCUA) Board at its March monthly meeting; both were issued for 60-day comment […]
A bill rolling back several provisions of the 2010 Dodd-Frank financial reform law passed the Senate Wednesday evening on a vote of 67-31 and is headed to the House, where it could be revised further […]
A $4 million credit union in Chicago, with about 1,300 members, was placed into conservatorship by the National Credit Union Administration (NCUA) Wednesday; the credit union remains open and serving its members. NCUA said that […]
Adopted regulations and new rulemaking authorities are the latest topics for a “request for information” (RFI) – the eighth in the series of an expected dozen – issued by the federal consumer protection agency March […]
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