Comments on two key issues will be reported next week by federal credit union and banking regulators. Comments were due Friday to National Credit Union Administration (NCUA) about a proposal on the definition of the […]
Two individuals were prohibited from “participating in the affairs” of any federally insured credit union, because of actions taken in August by the National Credit Union Administration (NCUA) and announced Friday. James Nathan Sheppard, a […]
Performance of first mortgages improved slightly at national banks in the second quarter of this year compared to the same quarter in 2016, and foreclosures activity has decreased from the first quarter of 2017, according […]
Twenty-seven enforcement actions were issued in August by the Federal Deposit Insurance Corporation (FDIC) — including one notice issued in May – the agency announced Friday, including seven orders barring individuals from working at insured […]
A large, international banking organization headquartered in London has been fined $175 million for practices related to “deficiencies” in its foreign exchange trading, the Federal Reserve announced Friday. HSBC Holdings plc, London, United Kingdom, and […]
To give them time to correct any weaknesses revealed in recent reports, the deadline for the filing of “living wills” by eight very large U.S. banks was extended to July 1, 2019 Thursday by federal […]
Black and Hispanic-white applicants experienced higher denial rates for conventional home purchase loans in 2016 than non-Hispanic white applicants, according to Home Mortgage Disclosure Act (HMDA) information released Thursday by federal regulators.The denial rate for […]
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