Fannie, Freddie Transfer $60 Billion in Credit Risk Through Q2 2017
Since the Federal Housing Finance Agency launched a credit risk transfer program for GSEs Fannie Mae and Freddie Mac in...
Newsbytes
CFPB Issues Limited Study of 88 Consumers’ Overdraft Experiences
The Consumer Financial Protection Bureau -- which is in a multiyear potential rulemaking process on overdraft protection and disclosures --...
Agencies Release 2016 CRA Data on Small Business, Community Development Lending
The federal banking agencies today released 2016 Community Reinvestment Act Data on small business, small farm and community development lending.
FHFA Shrinks Multifamily Loan Caps for GSEs
The Federal Housing Finance Agency announced today that Fannie Mae and Freddie Mac’s caps for multifamily lending will shrink to...
ABA Endorses AmeriHome’s Secondary Mortgage Market Services
As more and more community banks choose to sell mortgage loans and servicing rights to the secondary market, the American...
ABA Announces $1.6 Million Distribution to Qualified Members
American Bankers Mutual Insurance Ltd. -- the reinsurer for ABA’s endorsed insurance program -- will distribute $1.6 million to be...
CFPB Approves Final Revised Uniform Residential Loan Application
The Consumer Financial Protection Bureau yesterday officially approved the final redesigned Uniform Residential Loan Application, confirming that the revised form...
FDIC: Widening Interest Margins Drive Bank Revenue Growth
FDIC-insured banks and savings institutions earned $47.9 billion in the third quarter, up 5.2 percent from the industry’s earnings a...
Basel Updates List of Global SIFIs for 2019
The Basel, Switzerland-based Financial Stability Board today updated its list of global systemically important banks subject to supplemental loss absorbency...
FCC Considering ‘Challenge Mechanism’ for Lawful Calls Erroneously Blocked
The Federal Communications Commission is considering potential mechanisms to ensure that calls made by banks and other businesses that are...
