Consumers Remain Resilient as the Economy Rebounds

While delinquency rates and other indicators of consumer financial stress may rise as COVID-19 support programs are phased out, most ...

Housing Market Heats Up after COVID-19

Economy

July 26, 2021

The COVID-19 pandemic created the deepest economic contraction in modern U.S. history and led to considerable uncertainty. However, it also ...

SBA Offers Guidance on Purchase, Charge-Off for Certain PPP Loans

Commercial Lending

July 16, 2021

The Small Business Administration has issued a procedural notice on how lenders can apply for SBA to purchase and charge ...

Powell: ‘Patience’ to Characterize Fed’s Monetary Policy Approach

Economy

July 15, 2021

estifying before House lawmakers today, Federal Reserve Chairman Jerome Powell maintained that the Fed’s overall monetary policy stance remains “appropriate” ...

FSB: Reforms, Bold Policy Response Enabled Financial System to Weather Pandemic

Newsbytes

July 13, 2021

The global financial system has weathered the pandemic due to greater resilience, supported by the G20 reforms, and a “swift, ...

CFPB Flags COVID-Related Consumer Complaints in Latest Bulletin

Compliance and Risk

July 1, 2021

The Consumer Financial Protection Bureau today issued a consumer complaint bulletin that focused on complaints related to certain COVID-19 relief ...

FSB Seeks Input on Policies to Enhance MMF Resilience

Compliance and Risk

June 30, 2021

As part of its ongoing work on non-bank financial intermediation and following significant volatility in short-term funding markets early in ...

FHFA: GSEs to Hold off on Certain GSE Foreclosures in Light of New CFPB Rule

Mortgage

June 29, 2021

Following a final rule issued by the Consumer Financial Protection yesterday establishing a temporary COVID-19 emergency pre-foreclosure period under Regulation ...