FDIC Modifies Resolution Plan Rules
The FDIC today outlined a modified approach to implementing its rule requiring insured depository institutions with $100 billion or more...
Policy
OCC Working With Tech Firms on Credit Score Alternatives
OCC is working to find nontraditional ways to establish a good credit history for those with no credit.
Agencies Take Risk-Based Approach to Racial Equity and Fair Lending Oversight
Panel during ABA’s Regulatory Compliance Conference discussed was how the Biden administration’s focus on racial equity could alter agencies’ approach...
Fed Extends Paycheck Protection Program Liquidity Facility for Final Time
The Federal Reserve will extend for a final time its Paycheck Protection Program Liquidity Facility until July 30, the agency...
ABA Report: Credit Card Rewards Valued by Consumers of All Income Levels
Credit card rewards are accessible, valuable and well-understood by consumers across all income levels, according to a new report released...
Accessing the PPP: How Equitable Was the Paycheck Protection Program?
Lessons learned from the biggest small business rescue in U.S. history.
CFPB Issues Statement on Juneteenth Mortgage Closing Delays, Signals Further Guidance
After advocacy by ABA, the Consumer Financial Protection Bureau issued a statement last night on mortgage closing delays that might...
ABA Urges CFPB to Provide Guidance on Last-Minute Holiday’s Effects on Mortgage Closing
Despite urgent requests from ABA and others, the Consumer Financial Protection Bureau has thus far indicated to ABA staff that...
FHFA Calls on Congress for Authority to Examine Third-Party Service Providers
In the Federal Housing Finance Agency’s annual report to Congress, the agency requested the authority to examine third-party service providers...
OCC’s Hsu: Addressing Appraisal Bias Requires ‘Collective Effort’
Acting Comptroller of the Currency Michael Hsu told attendees at a CFPB roundtable today that banks are being held accountable...
