The Consumer Financial Protection Bureau (CFPB) and Federal Reserve Board today announced the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) that will apply for determining exempt consumer credit and lease tran…
The Consumer Financial Protection Bureau (CFPB) and Federal Reserve Board today announced the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) that will apply for determining exempt consumer credit and lease transactions in 2020.
Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/agencies-announce-dollar-thresholds-regulations-z-and-m-exempt-consumer-credit-lease-transactions/
The Consumer Financial Protection Bureau, Federal Reserve Board, and Office of the Comptroller of the Currency today announced that the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans during 2020 will …
The Consumer Financial Protection Bureau, Federal Reserve Board, and Office of the Comptroller of the Currency today announced that the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans during 2020 will increase from $26,700 to $27,200.
Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/agencies-announce-threshold-smaller-loan-exemption-appraisal-requirements-higher-priced-mortgage-loans-2019/
The Office of the Comptroller of the Currency today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices affected by wildfires in California at their discretion.
Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-occ-2019-126.html
Federal Reserve issues FOMC statement
Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20191030a.htm
Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-announces-action-against-student-loan-debt-relief-operation/
Federal bank regulatory agencies finalized a rule that simplifies capital requirements for community banks.
Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-125.html
Federal bank regulatory agencies issue final rule to simplify capital calculation for community banks
Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/bcreg20191029a.htm
Agencies finalize changes to resolution plan requirements; keeps requirements for largest firms and reduces requirements for smaller firms
Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/bcreg20191028b.htm
Agencies propose rule to amend swap margin rules
Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/bcreg20191028a.htm
Five federal agencies today announced a proposal to change the swap margin rules to facilitate the implementation of prudent risk management strategies at certain banks and swap entities.
Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2019/nr-ia-2019-124.html
