CFPB revises supervisory appeals process
The CFPB issued a new rule revising the appeals process for institutions that seek to challenge a compliance rating or...
Policy
FHA unveils home retention option for borrowers struggling with payments
FHA published the final mortgagee letter for its new loss mitigation home retention option for borrowers with agency-insured single-family forward...
FOMC minutes: Members remain cautious about lowering rates
During their most recent meeting in January, most members of the Federal Open Market Committee remained concerned about easing monetary...
ABA, associations: Agencies must consider regulations’ effects on financial inclusion
As part of a national strategy to promote financial inclusion, policymakers should require banking agencies to consider the effects of...
FinCEN publishes BOI access guide for small financial institutions
FinCEN published a small entity compliance guide that provides an overview of the requirements regarding access to beneficial ownership information...
FCC clarifies right to revoke consent for autodialed calls
The Federal Communications Commission finalized an order that clarifies how businesses must handle revocation requests from consumers under the Telephone...
House bill would set time limit on bank merger applications
A proposed bill in the House would require the Federal Reserve to act on merger applications within 90 days of...
Barr: Fed strengthened supervisory program after SVB failure
The Federal Reserve has bolstered its bank supervision program since last year’s Silicon Valley Bank failure, with large regional banks...
ABA, associations want SEC to rethink crypto disclosure policy
In a joint letter, ABA and three financial services trade associations asked the Securities and Exchange Commission to revisit a...
Banking agencies release details of upcoming stress test scenarios
The Federal Reserve and Office of the Comptroller of the Currency released details on their upcoming stress test scenarios for...
