Curry: OCC to Issue Guidance on Higher LTV Lending

The decisions were part of a larger push by the FDIC board to reverse or delay several policies pursued during the Biden administration.

The FDIC board pushed back by more than a year the compliance date for certain provisions of the agency’s revised rule on the use of its name and logo by financial institutions, saying it will use the time...

The FDIC board approved a proposal to rescind a 2024 statement on bank mergers that expanded the factors taken under consideration when the agency reviews merger applications

The Maryland Bankers Association recently announced that Tisha Edwards has been named the organization’s president and CEO. Edwards will also serve as EVP of the Mid-Atlantic Bankers Association.

Republican lawmakers urged Treasury Secretary Scott Bessent to quickly fill the role of vice chair for supervision on the Federal Reserve board with someone who will unwind “the politicized regulations promulgated by the board during the Biden administration.”

The number of consumers using buy now, pay later services continued to grow in 2024, with much of that growth due to high usage among younger generations, according to a new survey by J.D. Power.