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  • [ July 16, 2026 ] ‘Enhanced security measures’ keep some exam docs on site, give banks power over what is ‘highly sensitive’ FDIC
  • [ July 16, 2026 ] Appraisal-related misconduct leads to prohibition of former Illinois bank top lending officer The Fed
  • [ July 16, 2026 ] TX bank under C-and-D order over BSA/AML issues; former OH bank employee barred OCC
  • [ July 15, 2026 ] Higher prices in fuel dampen sales in other areas, Fed report finds; lending up, but quality for consumer borrowing suffers The Fed
  • [ July 15, 2026 ] OIG ‘limited-scope’ reviews of 3 merged credit unions detail causes of a related $5.7 million in NCUSIF losses NCUA
Hometrue lender

true lender

OCC

With House vote to overturn ‘true lender,’ OCC vows to respect congressional wish

June 24, 2021 0

With the House voting Thursday to join the Senate in overturning the “true lender rule” by the federal regulator of national banks, the acting chief of the agency said it would respect the decision by […]

FDIC

‘True lender’ rule, NCUA vendor authority, CCyB among topics slated for regulatory oversight hearing Wednesday

May 17, 2021 0

Measures that would repeal the “true lender” rule for banks, restore the federal credit union regulator’s short-lived, direct authority over third-party vendors, and set a trigger for the countercyclical capital buffer (CCyB) for banks are […]

OCC

House next, final stop for resolution repealing OCC’s ‘true lender’ rule

May 12, 2021 0

The House is expected to pass legislation that would repeal the controversial “true lender” rule adopted last fall by the federal regulator of national banks, joining the Senate which adopted the legislation Tuesday. In a […]

OCC

UPDATED: OCC finalizes ‘true lender’ regulation in quick turn-around (just four months after proposing)

October 27, 2020 0

Determining when a bank is a “true lender” within the context of a partnership between it and a third party is the focus of a final rule issued Tuesday by the federal regulator of national […]

OCC

Proposal would define ‘true lender’ to clarify relationships with third parties

July 20, 2020 0

A bank that makes a loan would be determined a “true lender” under the provisions of a rule proposed Monday by the national bank regulator. The Office of the Comptroller of the Currency (OCC) said […]

Today

  • ‘Enhanced security measures’ keep some exam docs on site, give banks power over what is ‘highly sensitive’

    July 16, 2026 0
    Reviewing examination materials on the site of the bank exam, rather than transferring the materials onto the examining agency’s systems, is one of the methods outlined in a joint statement issued by regulators Thursday focusing on “enhanced security procedures.” In [...]
  • Appraisal-related misconduct leads to prohibition of former Illinois bank top lending officer

    July 16, 2026 0
    Appraisal-related lending misconduct at an Illinois bank has led to the prohibition of the institution’s former chief lending officer, the Federal Reserve said Thursday. The Fed said James Burns, the former chief lending officer of Heritage Bank in Lawrenceville, Ill., [...]
  • TX bank under C-and-D order over BSA/AML issues; former OH bank employee barred

    July 16, 2026 0
    A Dallas, Texas, bank that converted from state to federal charter this May is under a consent cease-and-desist order over previous findings of “significant deficiencies” related to risk management and compliance with anti-money laundering (AML) rules and laws, including the [...]
  • Higher prices in fuel dampen sales in other areas, Fed report finds; lending up, but quality for consumer borrowing suffers

    July 15, 2026 0
    Prices were up as economic activity increased at a “slight to moderate pace,” but higher prices for fuel dampened sales in other categories, the Federal Reserve said in a report issued Wednesday. The Fed’s latest Beige Book also reported that [...]
  • OIG ‘limited-scope’ reviews of 3 merged credit unions detail causes of a related $5.7 million in NCUSIF losses

    July 15, 2026 0
    Limited reviews of three credit unions that were merged with other institutions in 2025 and this spring – and which caused losses to the National Credit Union Share Insurance Fund (NCUSIF) – were released recently by the federal credit union [...]
  • New reg guidance focuses on risk to FIs of lending to those not authorized to work in U.S.

    July 13, 2026 0
    Guidance issued Monday by the federal bank and credit union regulators reminds supervised institutions of their obligations related to credit risk management with regard to borrowers who are not legally authorized to work in the United States. The guidance, issued [...]
  • Tiny Kansas City credit union conserved following finding of ‘unsafe, unsound’ practices

    July 13, 2026 0
    A tiny Missouri credit union is now under the control of its federal regulator as the agency works to resolve issues resulting from its unsafe, unsound practices, the agency said late Friday. WeDevelopment Federal Credit Union (FCU) of Kansas City, [...]
  • Regulators encourage banks, credit unions to follow voluntary information sharing under FinCEN guidance

    July 10, 2026 0
    Saying it recognizes fraud and other unlawful activity as a “significant and growing concern nationwide for banks and consumers,” the bank deposit insurance agency late Thursday encouraged banks to follow voluntary information sharing issued last month by the Treasury’s financial [...]

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