The OCC’s Community Developments Investments newsletter published today focuses on how banks can provide sustainable loan modifications and help reduce foreclosures. For example, the newsletter looks at how banks are engaging with the Treasury Department’s Hardest Hit Fund in California, Florida, Kentucky and North Carolina. It also reviews foreclosure prevention activities under the Community Reinvestment Act.
ABA offers improvements for FDIC deposit insurance assessment, resolution plan proposals
While two FDIC proposals to revise deposit insurance assessments and resolution planning are a step in the right direction, the agency could go further to achieve its stated goals, ABA said.








