Oregon Newspaper Tackles CU Tax Exemption
An investigative story in today's issue of Willamette Week, a newspaper in Portland, Oregon, critically examined whether Oregon's credit unions...
Newsbytes
FASB to Defer Effective Date of Revenue Recognition Standard
The Financial Accounting Standards Board has approved an exposure draft that would defer the effective date of its new revenue...
OCC: 2014 Trading Revenue Improves
Commercial banks reported total trading revenue of $22.7 billion in 2014, 3 percent higher than in 2013, according to the...
Judge Orders BHC to Produce Examination and Enforcement Documents
Does the federal bank examination privilege control whether a bank holding company must produce examination and enforcement documents?
CFPB Releases Customer Guide to Accompany TILA-RESPA Forms
The Consumer Financial Protection Bureau yesterday released a new toolkit to “help consumers take full advantage of the new Loan...
ABA Welcomes Proposed Rules for Small Creditors, Suggests Tweaks
ABA on Monday welcomed the Consumer Financial Protection Bureau’s proposed changes -- many previously advocated by ABA -- that will...
OCC: Mortgage Performance Continues Improving
Some 93.2 percent of mortgages were current and performing at the end of 2014, up slightly from 93 percent in...
FFIEC Warnings Spotlight Malware, Compromised Credentials
The banking regulators today issued warnings to financial institutions about two “increasing” cyber threats: destructive malware and cyber attacks that...
ABA Encourages Nominations for Powerful Women in Banking List
ABA is encouraging members to nominate women of outstanding achievement to the annual 25 Most Powerful Women in Banking and...
ABA Endorses Digital Reverse Mortgage Platforms from Reverse Mortgage Funding
Through its Corporation for American Banking subsidiary, ABA today endorsed the reverse mortgage program from Reverse Mortgage Funding LLC.
