Mortgage Servicing in the Age of COVID-19: Post-Forbearance
What happens when borrowers transition out of coronavirus-related mortgage forbearance and into other forms of loss mitigation assistance?
Tag: Coronavirus
Fed’s Brainard Warns Economy’s Biggest Risk is Lack of Fiscal Support
Federal Reserve Governor Lael Brainard today warned that the biggest risk to the economy, aside from the course of the ...
FDIC Provides Temporary Audit Relief for Banks with COVID-Bulked Balance Sheets
For banks that have experienced rapid and possibly short-term inflows of assets and deposits during the coronavirus pandemic, the FDIC ...
McWilliams: FDIC Pursuing Interagency Approach on CRA
The FDIC would like to see a consistent interagency approach to Community Reinvestment Act rules, FDIC Chairman Jelena McWilliams said ...
A Leader for Our Time
ABA Chairman Jim Edwards takes office at an unexpectedly difficult moment—and with a uniquely suited portfolio of skills.
COVID Experts Offer Caution on Vaccine Timing as Cases Rise
Speaking at ABA's Unconventional Convention, two key experts on the medical response to the coronavirus pandemic offered caution on the ...
ABA, Financial Groups Urge Congress to Address EIDL, PPP Forgiveness Issues
The American Bankers Association and seven other financial trade groups yesterday urged Congress to address the Small Business Administration’s approach ...
FDIC: Share of Unbanked Americans Reaches Record Low in 2019
The share of U.S. households that are unbanked continued falling in 2019, reaching 5.4%, the lowest rate yet recorded in ...
Fed’s Clarida: Banks Passed ‘Ultimate Stress Test’ With Flying Colors
The banking industry was able to pass the “ultimate stress test” with flying colors in March and April as the ...
Morning Consult: Pandemic Response Boosts Consumer Views of Banks
Three in four consumers said they were satisfied or very satisfied with the banking industry’s response to the coronavirus pandemic, ...
