Agencies announce threshold for smaller loan exemption from appraisal requirements for higher-priced mortgage loans
November 21, 2018 / Source: FRB
Joint Press Release November 21, 2018 Agencies announce threshold for smaller loan exemption from appraisal requirements for higher-priced mortgage loans Bureau of Consumer Financial Protection Federal Reserve Board of Governors Office of the Comptroller of the Currency For release at 10:00 a.m. EST WASHINGTON, D.C.–The Bureau of Consumer Financial Protection, Federal Reserve Board of Governors,…
Agencies announce dollar thresholds in Regulations Z and M for exempt consumer credit and lease transactions
November 21, 2018 / Source: FRB
Joint Press Release November 21, 2018 Agencies announce dollar thresholds in Regulations Z and M for exempt consumer credit and lease transactions Federal Reserve Board of Governors Bureau of Consumer Financial Protection For release at 11:00 a.m. EST WASHINGTON, D.C. — The Federal Reserve Board and the Bureau of Consumer Financial Protection (Bureau) today announced the dollar…
FDIC-Insured Institutions Reported $62 Billion in Net Income in Third Quarter 2018
November 20, 2018 / Source: FDIC
Press Releases FOR IMMEDIATE RELEASE November 20, 2018 Media contact: Julianne Fisher Breitbeil (202) 898-6895 [email protected] FDIC-Insured Institutions Reported $62 Billion in Net Income in Third Quarter 2018 Community Bank Net Income Increases to $6.8 Billion Industry Net Income Registers a Strong Increase of 29.3 Percent from a Year Ago Higher Net Operating Revenue and…
Agencies propose amendments to Regulation CC regarding funds availability
November 20, 2018 / Source: FRB
Joint Press Release November 20, 2018 Agencies propose amendments to Regulation CC regarding funds availability Board of Governors of the Federal Reserve System Bureau of Consumer Financial Protection For release at 12:00 p.m. EST WASHINGTON, D.C. — The Bureau of Consumer Financial Protection and the Federal Reserve Board today jointly proposed amendments to Regulation CC…
Expanding Eligibility to File the FFIEC 051 Call Report: Notice of Proposed Rulemaking
November 19, 2018 / Source: OCC
OCC BULLETIN 2018-42 Subject: Expanding Eligibility to File the FFIEC 051 Call Report Date: November 19, 2018 To: Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies of Foreign Banks; Department and Division Heads; All Examining Personnel; and Other Interested Parties Description: Notice of Proposed Rulemaking Summary On November 19,…
FFIEC to Promote Awareness of Potential LIBOR Changes, December 6 Webinar Will Discuss Market Developments, Risks
November 19, 2018 / Source: FFIEC
Press Release For Immediate Release November 19, 2018 FFIEC to Promote Awareness of Potential LIBOR Changes, December 6 Webinar Will Discuss Market Developments, Risks The Federal Financial Institutions Examination Council (FFIEC) will hold a webinar on December 6, 2018, to promote awareness and understanding of efforts to develop alternative reference rates to LIBOR, because of…
Federal Reserve Board approves final amendments to simplify Regulation J and to make it conform more closely with Regulation CC
November 16, 2018 / Source: FRB
Press Release November 15, 2018 Federal Reserve Board approves final amendments to simplify Regulation J and to make it conform more closely with Regulation CC For release at 4:00 p.m. EST The Federal Reserve Board on Thursday approved final amendments to simplify Regulation J (Collection of Checks and Other Items by Federal Reserve Banks and…
Federal Reserve Board approves fee schedule for Federal Reserve Bank priced services
November 16, 2018 / Source: FRB
Press Release November 16, 2018 Federal Reserve Board approves fee schedule for Federal Reserve Bank priced services For release at 3:00 p.m. EST The Federal Reserve Board on Friday announced the approval of fee schedules, effective January 2, 2019, for payment services the Federal Reserve Banks provide to depository institutions (priced services). The Reserve Banks…
Fair Lending Webinar 2018 is Now Available!
November 16, 2018 / Source:
Fair Lending Webinar 2018 is now available! Find it by going to —> News & Events —> Past Events —> Past Webinars View Webinar Here
November Compliance Huddle 2018 is Now Available!
November 16, 2018 / Source:
November Compliance Huddle is now available to view. A monthly, peer-to-peer forum that is driven by the topics and issues that attendees wish to talk about and explore. November Compliance Huddle is Now Available!
OCC Enforcement Actions and Terminations for November 2018
November 15, 2018 / Source: OCC
NR 2018-121 FOR IMMEDIATE RELEASE November 15, 2018 Contact: (202) 649-6870 OCC Enforcement Actions and Terminations for November 2018 WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released new enforcement actions taken against national banks, federal savings associations, and individuals currently and formerly affiliated with national banks and federal savings associations….
Federal Reserve to review strategies, tools, and communication practices it uses to pursue its mandate of maximum employment and price stability
November 15, 2018 / Source: FRB
Press Release November 15, 2018 Federal Reserve to review strategies, tools, and communication practices it uses to pursue its mandate of maximum employment and price stability For release at 2:00 p.m. EST The Federal Reserve next year will review the strategies, tools, and communication practices it uses to pursue its congressionally-assigned mandate of maximum employment…
Comptroller of the Currency Discusses Condition of the U.S. Banking System
November 14, 2018 / Source: OCC
NR 2018-120 FOR IMMEDIATE RELEASE November 14, 2018 Contact: Bryan Hubbard (202) 649-6870 Comptroller of the Currency Discusses Condition of the U.S. Banking System TOKYO—Comptroller of the Currency Joseph M. Otting today discussed the condition of the U.S. federal banking system during a speech in Tokyo. His remarks described the strength and resiliency of the…
FDIC Requests Information on Small-Dollar Lending
November 14, 2018 / Source: FDIC
Press Releases FDIC Requests Information on Small-Dollar Lending FOR IMMEDIATE RELEASE November 14, 2018 Media contact: Julianne Fisher Breitbeil (202) 898-6895 [email protected] The Federal Deposit Insurance Corporation (FDIC) today announced that it is seeking public comment on issues related to small-dollar lending by FDIC-supervised financial institutions. The Request for Information (RFI) solicits comments on the…
Federal Reserve Board issues enforcement action with The First State Bank of Dongola
November 13, 2018 / Source: FRB
Press Release November 13, 2018 Federal Reserve Board issues enforcement action with The First State Bank of Dongola For release at 11:00 a.m. EST The Federal Reserve Board on Tuesday announced the execution of the enforcement action listed below: The First State Bank of Dongola, Dongola, Illinois Order of Assessment of a Civil Money Penalty,…
OCC Enforcement Actions: OCC Enforcement Action Policies and Procedures Manuals
November 13, 2018 / Source: OCC
OCC BULLETIN 2018-41 Subject: OCC Enforcement Actions Date: November 13, 2018 To: Chief Executive Officers of All National Banks, Federal Branches and Agencies, and Federal Savings Associations; Department and Division Heads; All Examining Personnel; and Other Interested Parties Description: OCC Enforcement Action Policies and Procedures Manuals Summary The Office of the Comptroller of the Currency (OCC) issued…
Federal Reserve Board on November 28 intends to begin publishing semiannual report presenting Board’s assessment of financial stability conditions
November 12, 2018 / Source: FRB
Press Release November 09, 2018 Federal Reserve Board on November 28 intends to begin publishing semiannual report presenting Board's assessment of financial stability conditions For release at 4:30 p.m. EST The Federal Reserve Board on November 28 intends to begin publishing a semiannual report presenting the Board's view of the outlook for U.S. financial stability….
Federal Reserve Supervision and Regulation Report
November 12, 2018 / Source: FRB
Federal Reserve Supervision and Regulation Report Current Report – November 9, 2018 Report The report summarizes banking conditions and the Federal Reserve’s supervisory and regulatory activities, in conjunction with semiannual testimony before Congress by the Vice Chairman for Supervision. Order Publications Order Form (PDF) Last Update: November 09, 2018
Semi-Annual Report Spring 2018
November 12, 2018 / Source: CFPB
To Congress Semi-Annual Report Spring 2018 NOV 09, 2018 The Bureau of Consumer Financial Protection is pleased to present our Semi-Annual Report to Congress for the period beginning Oct. 1, 2017, and ending March 31, 2018. FULL REPORT Read the full report
Back2Basics: Regulation E Liability Webinar is Now Available!
November 9, 2018 / Source:
Back2Basics – Regulation E Liability Webinar is Now Available! It can be found under “News & Events” “Past Events” “Past Webinars.” View Webinar Here
Federal Reserve issues FOMC statement, November 08, 2018
November 8, 2018 / Source: FRB
Press Release November 08, 2018 Federal Reserve issues FOMC statement For release at 2:00 p.m. EST Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in…
FFIEC HMDA Alert – 2019 Filing Instructions Guide
November 8, 2018 / Source: FFIEC
The FFIEC HMDA website has been recently updated. The 2019 HMDA Filing Instructions Guide is now available.
Federal Reserve Board announces approval of applications by Comerica Bank
November 7, 2018 / Source: FRB
Press Release November 06, 2018 Federal Reserve Board announces approval of applications by Comerica Bank For release at 5:00 p.m. EST The Federal Reserve Board on Tuesday announced its approval of the applications by Comerica Bank, Dallas, Texas, to establish a branch in Houston and a branch in Dallas, Texas. Attached is the Board's order…
Agencies Issue Proposal to Streamline Regulatory Reporting for Qualifying Small Institutions
November 7, 2018 / Source: FDIC
Press Releases Joint Release Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency For Immediate Release November 7, 2018 Agencies Issue Proposal to Streamline Regulatory Reporting for Qualifying Small Institutions WASHINGTON—The three federal banking agencies today invited public comment on a proposal to reduce regulatory…
Federal Reserve Board to publish inaugural Supervision and Regulation Report on November 9
November 6, 2018 / Source: FRB
Press Release November 06, 2018 Federal Reserve Board to publish inaugural Supervision and Regulation Report on November 9 For release at 12:00 p.m. EST The Federal Reserve Board on November 9 at 12:00 p.m. EST will publish its inaugural Supervision and Regulation Report, which will summarize current banking system conditions and the Board's recent supervisory and…