Agencies Update Host-State Loan-to-Deposit Ratios
The federal banking agencies today issued updated host-state loan-to-deposit ratios that they will use to determine compliance with Section 109...
Newsbytes
Fannie, Freddie Q1 Profits Drop Year on Year
Fannie Mae’s and Freddie Mac’s combined first-quarter earnings were $2.4 billion, up from the $1.5 billion they earned in the...
Report: 75 Percent of Merchants May Miss EMV Liability Shift Date
As many as three-quarters of all merchants may not have implemented EMV chip card technology before the Oct. 1 liability...
Largest, Most Sustained Increase in Consumer Optimism Since 2004
Consumer sentiment rose to 96.1 in June, up 5.4 points from the previous month according to the University of Michigan...
FATF Plenary Meets in Brisbane, Welcomes New FATF President
The Financial Action Task Force (FATF) Plenary held in Brisbane, Australia on June 26 adopted a number of reports including...
ABA Files Amicus Brief Over National Bank Act
Many were surprised that the OCC elected not to challenge the decision.
Rep. Tipton Introduces ABA, Alliance-Backed Tailored Regulation Bill
Rep. Scott Tipton today introduced the TAILOR Act (H.R. 2896), which would require financial regulators to consider bank risk profiles...
ABA Opposes Farmer Mac Governance Reshuffle
ABA yesterday urged the Farm Credit Administration to withdraw a proposed change to the governance structure of Farmer Mac that...
OCC: Performing Mortgages Improve in First Quarter
The percentage of mortgages that were current and performing at the end of the first quarter reached 94.2, up from...
