Back2Basics: Appraisals Webinar is Now Available!
October 3, 2018 / Source:
Back2Basics – Appraisals Webinar is Now Available! It can be found under “News & Events” “Past Events” “Past Webinars.” View Webinar Here
Flood Insurance Webinar is Now Available!
October 3, 2018 / Source:
Flood Revisions Webinar is now available! Find it by going to —> News & Events —> Past Events —> Past Webinars View Webinar Here
Comptroller of the Currency Discusses Implementation of the Economic Growth Act
October 2, 2018 / Source: OCC
NR 2018-105 FOR IMMEDIATE RELEASE October 2, 2018 Contact: Bryan Hubbard (202) 649-6870 Comptroller of the Currency Discusses Implementation of the Economic Growth Act WASHINGTON—Comptroller of the Currency Joseph M. Otting today discussed the implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 during testimony before the Senate Committee on Banking,…
FDIC Releases Report on Small Business Lending Survey
October 2, 2018 / Source: FDIC
Press Releases FDIC Releases Report on Small Business Lending Survey FOR IMMEDIATE RELEASE October 1, 2018 Media contact: Julianne Fisher Breitbeil (202) 898-6895 [email protected] The Federal Deposit Insurance Corporation (FDIC) today published a report on the findings of its Small Business Lending Survey, which collected data on how banks conduct their lending to small businesses….
FDIC Requests Information on Improving Communication with Banks and Other Stakeholders
October 2, 2018 / Source: FDIC
Press Releases FDIC Requests Information on Improving Communication With Banks and Other Stakeholders FOR IMMEDIATE RELEASE October 1, 2018 Media contact: Julianne Fisher Breitbeil (202) 898-6895 [email protected] The Federal Deposit Insurance Corporation (FDIC) today announced that it is seeking comments on how the agency can maximize efficiency and minimize burden when communicating information to insured…
Federal Reserve Board announces termination of enforcement action
September 28, 2018 / Source: FRB
Press Release September 27, 2018 Federal Reserve Board announces termination of enforcement action with Presidential Holdings, Inc. For release at 11:00 a.m. EDT The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Presidential Holdings, Inc., Bethesda, Maryland Supervisory Agreement, issued by the Office of Thrift Supervision, dated May 3,…
FDIC Makes Public August Enforcement Actions
September 28, 2018 / Source: FDIC
Press Releases FDIC Makes Public August Enforcement Actions; No Administrative Hearings Scheduled for October 2018 FOR IMMEDIATE RELEASE September 28, 2018 Media contact: Greg Hernandez (202) 898-6984 [email protected] The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in August. There are no administrative…
Bureau of Consumer Financial Protection Issues Report and RFI on the Bureau’s Sources and Uses of Da
September 26, 2018 / Source: CFPB
Bureau of Consumer Financial Protection Issues Report and RFI on the Bureau’s Sources and Uses of Data SEP 25, 2018 WASHINGTON, D.C. — The Bureau of Consumer Financial Protection (Bureau) today issued a report and Request for Information (RFI) regarding the Bureau’s sources of data and how data is used. The report provides transparency into how…
Federal Open Market Committee release economic projections from the September 25-26 FOMC meeting
September 26, 2018 / Source: FRB
Press Release September 26, 2018 Federal Reserve Board and Federal Open Market Committee release economic projections from the September 25-26 FOMC meeting For release at 2:00 p.m. EDT The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Open Market Committee participants for…
Liquidity Coverage Ratio Rule: Interim Final Rule
September 26, 2018 / Source: OCC
OCC BULLETIN 2018-32 Subject: Liquidity Coverage Ratio Rule: Treatment of Certain Municipal Obligations as High-Quality Liquid Assets Date: September 26, 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: Interim Final Rule Summary…
Truth in Lending Act: Revised Comptroller’s Handbook Booklet and Rescissions
September 26, 2018 / Source: OCC
OCC BULLETIN 2018-31 Subject: Truth in Lending Act Date: September 26, 2018 To: Chief Executive Officers and Compliance Officers of National Banks, Federal Savings Associations, Federal Branches and Agencies, Department and Division Heads, All Examining Personnel, and Other Interested Parties Description: Revised Comptroller's Handbook Booklet and Rescissions Summary The Office of the Comptroller of the Currency…
Federal Reserve Board announces approval of application by Compass Bank
September 25, 2018 / Source: FRB
Press Release September 25, 2018 Federal Reserve Board announces approval of application by Compass Bank For release at 5:00 p.m. EDT The Federal Reserve Board on Tuesday announced its approval of the application under section 9 of the Federal Reserve Act by Compass Bank, Birmingham, Alabama, to establish a branch in Houston, Texas. Attached is…
OCC Releases Bank Supervision Operating Plan for Fiscal Year 2019
September 25, 2018 / Source: OCC
NR 2018-104 FOR IMMEDIATE RELEASE September 25, 2018 Contact: William Grassano (202) 649-6870 OCC Releases Bank Supervision Operating Plan for Fiscal Year 2019 WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2019. The plan provides the foundation for policy initiatives and…
Bureau Of Consumer Financial Protection To Open Southeast Regional Office In Atlanta
September 24, 2018 / Source: CFPB
Bureau Of Consumer Financial Protection To Open Southeast Regional Office In Atlanta SEP 21, 2018 WASHINGTON, D.C. — The Bureau of Consumer Financial Protection (Bureau) today announced it will be relocating its southeast regional office from Washington, D.C. to Atlanta, Georgia. The Bureau already has regional offices in New York, Chicago, and San Francisco that…
Advisory on the FATF-Identified Jurisdictions with AML/CFT Deficiencies
September 24, 2018 / Source: FinCEN
FIN-2018-A004 September 21, 2018 Advisory on the FATF-Identified Jurisdictions with AML/CFT Deficiencies On June 29, 2018, the Financial Action Task Force (FATF) updated its list of jurisdictions with strategic anti-money laundering and combatting the financing of terrorism (AML/ CFT) deficiencies. The changes may affect U.S. financial institutions’ obligations and risk-based approaches with respect to relevant…
OCC Reports Mortgage Performance Unchanged
September 21, 2018 / Source: OCC
NR 2018-103 FOR IMMEDIATE RELEASE September 21, 2018 Contact: Stephanie Collins (202) 649-6870 OCC Reports Mortgage Performance Unchanged WASHINGTON—Performance of first-lien mortgages remained largely unchanged during the second quarter of 2018 compared with a year earlier, according to the Office of the Comptroller of the Currency’s (OCC) quarterly report on mortgages. The OCC Mortgage Metrics Report,…
Federal Reserve Board seeks public comment on proposal to amend Regulation H and Regulation K
September 21, 2018 / Source: FRB
Press Release September 21, 2018 Federal Reserve Board seeks public comment on proposal to amend Regulation H and Regulation K For release at 12:00 p.m. EDT The Federal Reserve Board on Friday requested public comment on a proposal to amend Regulation H (Membership of State Banking Institutions in the Federal Reserve System) and Regulation K…
Agencies Approve Amendments to Swap Margin Rule
September 21, 2018 / Source: FDIC
Press Releases Joint Release Board of Governors of the Federal Reserve System Farm Credit Administration Federal Deposit Insurance Corporation Federal Housing Finance Agency Office of the Comptroller of the Currency For Immediate Release September 21, 2018 Agencies Approve Amendments to Swap Margin Rule WASHINGTON—Five federal agencies approved final amendments to swap margin requirements to conform…
Same Day ACH Will Be Enhanced to Meet ACH End-User Needs
September 20, 2018 / Source: NACHA
Same Day ACH Will Be Enhanced to Meet ACH End-User Needs POSTED SEPTEMBER, 14 2018 NEW NACHA RULES WILL EXPAND ACCESS TO SAME DAY ACH, INCREASE THE PER-TRANSACTION DOLLAR LIMIT, AND SPEED FUNDS AVAILABILITY FOR SAME DAY AND NEXT-DAY ACH HERNDON, Va., Sept. 17, 2018 – NACHA’s voting membership has approved three new rules to expand the…
OCC Enforcement Actions and Terminations for September 2018
September 20, 2018 / Source: OCC
NR 2018-101 FOR IMMEDIATE RELEASE September 20, 2018 Contact: (202) 649-6870 OCC Enforcement Actions and Terminations for September 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….
Recovery Planning Guidelines: Notice of Proposed Rulemaking; Revised Guidelines
September 19, 2018 / Source: OCC
OCC BULLETIN 2018-30 Subject: Recovery Planning Guidelines Date: September 19, 2018 To: Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies; Department and Division Heads; All Examining Personnel; and Other Interested Parties Description: Notice of Proposed Rulemaking; Revised Guidelines Summary The Office of the Comptroller of the Currency (OCC) is…
Opportunity for organizations that serve economically vulnerable populations to receive support
September 19, 2018 / Source: CFPB
Opportunity for organizations that serve economically vulnerable populations to receive support By Patty Avery and Daniel Dodd-Ramirez – SEP 19, 2018 For the past four years, the Bureau’s Office of Community Affairs (formerly the Office of Financial Empowerment) has supported organizations committed to helping people manage their money and work toward their goals using a suite of financial empowerment tools…
Agencies propose rule regarding the treatment of high volatility commercial real estate
September 18, 2018 / Source: FRB
Joint Press Release September 18, 2018 Agencies propose rule regarding the treatment of high volatility commercial real estate Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency For release at 3:00 p.m. EDT Three federal banking agencies on Tuesday invited public comment on a proposal…
Covered Savings Associations: Notice of Proposed Rulemaking
September 18, 2018 / Source: OCC
OCC BULLETIN 2018-29 Subject: Covered Savings Associations Date: September 18, 2018 To: Chief Executive Officers of All National Banks and Federal Savings Associations, Department and Division Heads, All Examining Personnel, and Other Interested Parties Description: Notice of Proposed Rulemaking Summary On September 18, 2018, the Office of the Comptroller of the Currency (OCC) issued a proposed…
Joint Release/Federal and State Financial Regulatory Agencies Issue Interagency Statement …
September 17, 2018 / Source: FDIC
Press Releases Joint Release Board of Governors of the Federal Reserve System Conference of State Bank Supervisors Federal Deposit Insurance Corporation National Credit Union Administration Office of the Comptroller of the Currency For Immediate Release September 14, 2018 Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by…