OCC Releases Bank Supervision Operating Plan for Fiscal Year 2022

The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2022.

The Office of the Comptroller of the Currency (OCC) today released its bank supervision operating plan for fiscal year (FY) 2022.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-106.html

Federal Reserve Board announces it has joined the Central Bank Network for Indigenous Inclusion, which will foster ongoing dialogue, research, and education to raise awareness of economic and financial issues and opportunities around Indigenous economies

Federal Reserve Board announces it has joined the Central Bank Network for Indigenous Inclusion, which will foster ongoing dialogue, research, and education to raise awareness of economic and financial issues and opportunities around Indigenous economies

Federal Reserve Board announces it has joined the Central Bank Network for Indigenous Inclusion, which will foster ongoing dialogue, research, and education to raise awareness of economic and financial issues and opportunities around Indigenous economies

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/other20211013a.htm

CFPB Names Key Senior Positions

The Consumer Financial Protection Bureau (CFPB) today announced leadership changes within the Bureau. The positions being announced today are: Deputy Director; Associate Director for Consumer Education & External Affairs; Chief of Staff; and Chief …

The Consumer Financial Protection Bureau (CFPB) today announced leadership changes within the Bureau. The positions being announced today are: Deputy Director; Associate Director for Consumer Education & External Affairs; Chief of Staff; and Chief Technologist.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-names-key-senior-positions-2/

Federal Reserve Board issues enforcement action with former employee of Banco Popular de Puerto Rico

Federal Reserve Board issues enforcement action with former employee of Banco Popular de Puerto Rico

Federal Reserve Board issues enforcement action with former employee of Banco Popular de Puerto Rico

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/enforcement20211012a.htm

CFPB Takes Action Against American Advisors Group for Deceptively Marketing Reverse Mortgages to Consumers

The Consumer Financial Protection Bureau (CFPB) today filed a complaint and proposed consent order alleging that American Advisors Group (AAG) used inflated and deceptive home estimates to lure consumers into taking out reverse mortgages.

The Consumer Financial Protection Bureau (CFPB) today filed a complaint and proposed consent order alleging that American Advisors Group (AAG) used inflated and deceptive home estimates to lure consumers into taking out reverse mortgages.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-takes-action-against-american-advisors-group-for-deceptively-marketing-reverse-mortgages-to-consumers/

Federal Reserve Board issues enforcement actions with Pioneer Bank and former employee of Pacific Premier Bank

Federal Reserve Board issues enforcement actions with Pioneer Bank and former employee of Pacific Premier Bank

Federal Reserve Board issues enforcement actions with Pioneer Bank and former employee of Pacific Premier Bank

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/enforcement20211007a.htm

Acting Comptroller Discusses Diversity and Inclusion

Acting Comptroller of the Currency Michael J. Hsu today discussed the importance of promoting diversity and inclusion in the financial services sector during remarks at the Women in Housing & Finance Public Policy Luncheon.

Acting Comptroller of the Currency Michael J. Hsu today discussed the importance of promoting diversity and inclusion in the financial services sector during remarks at the Women in Housing & Finance Public Policy Luncheon.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-105.html

Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire® Funds Service and invites public comment on proposal to expedite adoption

Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire® Funds Service and invites public comment on proposal to expedite adoption

Federal Reserve Board announces the Reserve Banks will adopt a new message format for the Fedwire® Funds Service and invites public comment on proposal to expedite adoption

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/other20211004a.htm

OCC Releases CRA Evaluations for 14 National Banks and Federal Savings Associations

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of September 1, 2021 through September 30, 2021.

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of September 1, 2021 through September 30, 2021.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2021/nr-occ-2021-104.html