McConnell, Schumer to Be Senate Leaders in Next Congress
The Senate Republican caucus today re-elected Mitch McConnell of Kentucky as majority leader and retained other top Senate leaders for...
Newsbytes
ABA to Regulators: Time to Revisit Asset Thresholds
In a letter to the heads of the federal banking agencies today, ABA President and CEO Rob Nichols said it...
FHFA: GSEs Sold 60,000 Nonperforming Loans Since 2014
Fannie Mae and Freddie Mac have sold 59,629 nonperforming loans as of August, with a total unpaid balance of $11.9...
ABA Announces $1.5 Million Insurance Distribution
American Bankers Mutual Insurance Ltd. -- the reinsurer for ABA’s endorsed insurance program -- will distribute $1.5 million to be...
FDIC Approves Deposit Recordkeeping Final Rule
The FDIC board today approved a final rule requiring banks with more than 2 million deposit accounts to upgrade their...
DOJ: Overseas Banks Must Share AML Information with U.S. Branches
Foreign banking organizations with U.S. operations need to ensure that their foreign operations are in compliance with U.S. anti-money laundering...
FHA Insurance Fund Performance Improves
The Federal Housing Administration said today that the capital ratio for its mortgage insurance fund has reached 2.32 percent, a...
