No Fear – Regulatory Report

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[ March 25, 2025 ] Interim rule to limit BOI collection to foreign entities set to kick in Wednesday Other
[ March 24, 2025 ] Facing White House demands to cut staffing, credit union regulator board cancels public meeting, struggling to slash workforce by reported nearly 16% NCUA
[ March 24, 2025 ] OCC mortgage metrics data show small increase in loans’ Q4 performance OCC
[ March 21, 2025 ] Bank trading revenue down in Q4; grew year over year OCC
[ March 21, 2025 ] ‘Reputation risk’ will no longer be included as element in bank examinations, OCC announces OCC

Consumer bureau ended 2017 with slightly more workers (totaling 1,643) than previous year

April 3, 2018 0

The federal consumer financial protection agency had more than 1,600 employees at the end of last year – up slightly from 2016 – according to details contained among three reports dealing with employment and inclusion […]

Facing White House demands to cut staffing, credit union regulator board cancels public meeting, struggling to slash workforce by reported nearly 16%

March 24, 2025 0

The public meeting of the federal credit union regulator board, set for Thursday (March 27), is now cancelled, according to a notice posted on the agency’s website over the weekend. However, according to recent reporting, the agency board is apparently [...]
OCC mortgage metrics data show small increase in loans’ Q4 performance

March 24, 2025 0

Data on first-lien residential mortgage loans serviced by seven national banks with large mortgage-servicing portfolios shows a 0.1% improvement in the loans’ fourth-quarter performance from 2023 to 2024, the Office of the Comptroller of the Currency (OCC) said Monday. The [...]
Bank trading revenue down in Q4; grew year over year

March 21, 2025 0

Banks’ fourth-quarter trading revenue of $14.8 billion was down 10.6% from the third quarter but up 26.7% from a year ago, the Office of the Comptroller of the Currency (OCC) said in a report Friday. The agency’s Quarterly Report on [...]
‘Reputation risk’ will no longer be included as element in bank examinations, OCC announces

March 21, 2025 0

“Reputation risk” will no longer be an element in examinations by the national bank regulator under a bulletin issued late Thursday by the agency, which also said it had instructed its examiners to stop assessing for the risk. Under its [...]
Fed releases audited 2024 financial statements covering board, banks, more

March 21, 2025 0

Financial statements for 2024 about the Federal Reserve System – covering the 12 Federal Reserve Banks, the agency board, and one limited liability company (LLC) (consolidated with the Boston bank) – were released Friday by the Fed. The agency said the [...]