Tag Archives: Dodd-Frank

Large Banks Clear Fed Stress Tests

The largest U.S. banks collectively showed that they can withstand a severe economic downturn and continued to improve their capital positions, according to the results of Dodd-Frank Act-mandated stress tests the Federal Reserve released yesterday. 

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ABA Urges CFPB to Abandon Public Complaint Database

In a comment letter to the Consumer Financial Protection Bureau today — the sixth of 12 the association will submit as part of the bureau’s ongoing feedback initiative — ABA urged the bureau to stop publishing individual consumer complaints and complaint narratives. The association pointed out that the practice of publishing individual complaints — which began under the bureau’s previous leadership ...

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Nichols: S. 2155 an Important First Step for Reg Reform

Ahead of the House vote today that will determine the fate of S. 2155 -- the bipartisan Senate regulatory reform package -- ABA President and CEO Rob Nichols said that the bill “is a huge, important step forward -- we hope the first of additional steps -- to modernize and appropriately tailor the supervisory framework.”

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Podcast: NYCB’s Joe Ficalora on Lending to Rent-Stabilized Apartment Buildings

In New York City, more than 1.3 million rental homes and apartments have rents that are stabilized, controlled or otherwise regulated. These units account for more than 60 percent of New York City’s overall rental market and over 40 percent of all occupied housing in the city. While economists debate the merits of rent stabilization policy, the owners of these ...

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