OCC proposes to cite federal preemption of state interest-on-escrow laws
The OCC is proposing two rules to clarify that national banks are exempt from state laws regulating real estate escrow accounts. ABA welcomed the proposals.
Weekly Infobyte: Mortgage Demand on the Rise in Q2
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Democratic state AGs file lawsuit to stop CFPB’s ‘complete defunding’
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GDP increased 4.3% in Q3: Initial estimate
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OCC proposes to raise heightened standards threshold for banks
The OCC is proposing to raise the threshold for which its heightened supervisory standards apply to banks from $50 billion to $700 billion in assets.
Consumer confidence weakens in December
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House Republicans ask Fed to reconsider approach to recirculating pennies
House Republicans said they are concerned by the Federal Reserve’s decision to cease accepting penny deposits or orders at many coin terminal locations across the U.S. Also, the Treasury Department today issued FAQs for businesses and individuals about...
