Browsing: Newsbytes

Compliance and Risk

The Consumer Financial Protection Bureau released a report on Monday on consumer complaint trends in 2014. While complaint volume rose 53 percent from 2013 to 2014, the steady monthly increase in 2013 tapered off in 2014, averaging about 20,000 per month.


An investigative story in today’s issue of Willamette Week, a newspaper in Portland, Oregon, critically examined whether Oregon’s credit unions are serving individuals of modest means.


Commercial banks reported total trading revenue of $22.7 billion in 2014, 3 percent higher than in 2013, according to the OCC’s Quarterly Report on Bank Trading and Derivatives Activities released today.


Some 93.2 percent of mortgages were current and performing at the end of 2014, up slightly from 93 percent in the third quarter and up from 91.8 percent a year before, according to the Mortgage Metrics Report released on Friday by the OCC.

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