Newsbytes
Agency Guidelines on HMDA Data Testing Fall Harder on Smaller Lenders
The federal banking agencies today issued guidelines for how examiners will test the accuracy of data collected and reported by...
ABA to CFPB: Process for Overdraft Study, Forms Falls Short
The Consumer Financial Protection Bureau must base its studies of overdrafts on current, rigorous data and adopt any new disclosures...
In First Step to Simplify Capital Rules, Agencies Pause Basel III Phase-In for Most Banks
The Federal Reserve, FDIC and OCC today issued a proposed rule that would pause the transition to the Basel III...
FinCEN Expands Geographic Targeting Orders to Include Honolulu
The Financial Crimes Enforcement Network today further expanded the scope of its geographic targeting orders temporarily requiring certain U.S. title...
ABA-Nominated Banker Appointed to FASB Private Company Council
Dev Strischek, a long-time banking industry veteran, has been appointed to the Private Company Council of the Financial Accounting Standards...
Interest Income Boosts Bank Profits in Second Quarter
FDIC-insured banks and savings institutions earned $48.3 billion in the second quarter, up 10.7 percent from the industry’s earnings a...
OCC Issues Guidance on Programs for Home Loans with Over 100 Percent LTV
Noting that in many communities persistently depressed home prices are hindering recovery, the OCC today issued guidance for OCC-regulated banks...
ABA’s Carney: It’s Time to Revisit Leverage Ratio
As currently designed, the supplementary leverage ratio for the largest banking organizations risks harming banks’ role as a safe haven...
