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What's up
  • [ July 13, 2026 ] New reg guidance focuses on risk to FIs of lending to those not authorized to work in U.S. FDIC
  • [ July 13, 2026 ] Smallest standalone bank in U.S. fails; estimated to cost federal insurance fund $1.2 million FDIC
  • [ July 13, 2026 ] Tiny Kansas City credit union conserved following finding of ‘unsafe, unsound’ practices NCUA
  • [ July 10, 2026 ] Regulators encourage banks, credit unions to follow voluntary information sharing under FinCEN guidance FDIC
  • [ July 9, 2026 ] Exam council updates loan category jargon, changes liquidity and funding pages in performance report Other
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NCUA

Renomination of NCUA leader puts small dent into longer list of regulator openings

August 10, 2021 0

President Joe Biden’s (D) “intent to nominate” NCUA Board Chairman Todd Harper to a term ending in 2027 (and continue as chairman) puts one dent into the long list of financial regulator positions that still […]

CFPB

As end of Fed chair’s term looms early next year, White House mum on what’s next

July 16, 2021 0

If Federal Reserve Board (FRB) Chair Jerome H. (“Jay”) Powell should be looking over his shoulder at a replacement for him when his term runs out in February, the White House is giving no indication […]

CFPB

In short, cryptic statement, bureau pledges to resolve alleged unauthorized withdrawals by Texas-based mortgage servicer

April 27, 2021 0

Alleged unauthorized withdrawals by a Texas-based mortgage servicer sparked the federal consumer financial protection agency to issue a statement Tuesday pledging to take “immediate action to understand and resolve the situation that has affected hundreds […]

CFPB

Compliance date for new QM rule would be delayed 15 months to October 2022 under proposal

March 3, 2021 0

The mandatory compliance date of the general qualified mortgage (QM) final rule would be delayed 15 months (from July 1, 2021, to Oct. 1, 2022) under a proposal issued Wednesday by the federal consumer financial […]

CFPB

Bureau changes direction for consumer education unit; promises vigorous pursuit of complaints

February 11, 2021 0

Stating that the division of consumer education should “redouble its efforts to ensure the Bureau engages all consumers who are economically suffering,” the acting director of the Consumer Financial Protection Bureau (CFPB) Wednesday issued a […]

CFPB

CFPB acting chief announces attorney recruitment effort; ‘we need fullest talents, passions of American public’

February 9, 2021 0

An effort to recruit attorneys “at all experience levels” to the federal consumer financial protection agency was announced Tuesday by its acting director in an effort, he said, to achieve “vigorous oversight of all applicable […]

CFPB

CFPB’s Uejio directs end to COVID-19-related ‘pause’ on quarterly HMDA reporting, data collections; will review past reg actions against consumer protection mission

February 4, 2021 0

The acting director of the consumer financial protection agency directed staff to end the agency’s “pause” implemented around the start of the COVID-19 pandemic on quarterly Home Mortgage Disclosure Act (HMDA) reporting, CARD Act data […]

Today

  • 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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