The FDIC released guidance today with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of California affected by severe storms and flooding. The agency encouraged banks in affected areas to work constructively with borrowers experiencing difficulties due to the severe weather, including extending repayment terms, restructuring existing loans or easing terms for new loans. The agency also said it would consider relief from certain filing and publishing requirements.
ABA to livestream portions of annual convention general sessions
The convention will open with remarks from ABA President and CEO Rob Nichols, who will outline the association’s priorities for the year ahead and look ahead to the midterm election









