In a previous post, we highlighted the CFPB’s request for comment on its Civil Investigative Demand (CID) process. The CFPB is continuing to request comment on other facets of its operations in an apparent attempt to reform the fledgling agency.
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The Federal Reserve Bank of New York released in February (2018) a study examining the role of technology-based residential mortgage lending. The report highlights the growth in volume of mortgage lending conducted exclusively over the internet along with other characteristics of this method of service delivery.
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The FDIC last week released stress-testing data for 2018. These are economic scenarios that will be used by certain financial institutions with total consolidated assets of more than $10 billion for stress tests required under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
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Conventional wisdom for over a decade has predicted all but the complete evaporation of the traditional bank branch as a delivery method for financial services.
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Although the future leadership of the Consumer Financial Protection Bureau remains in limbo, the agency is requesting public comment on its Civil Investigative Demand process.
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As is the case with most things in life, the regulatory environment goes through cycles. With respect to fair lending, examinations in the past few years have emphasized issues such as loan underwriting, redlining, and steering as opposed to pricing. Part of the explanation for this is cyclical, but also because examiners have perceived pricing […]
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The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 established the Office of Financial Research (OFR) to support the Financial Stability Oversight Council, the Council’s member organizations, and the public.
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The FDIC Supervisory Insights, published by the FDIC’s Division of Risk Management Supervision, Winter 2017 edition contained some important information regarding credit quality and loan asset management.
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Merger and acquisition activity has been on the rise in the last few years among community banks. Extensive research has been done historically on M&A activity in the industry, but an interesting analysis of voluntary mergers post-financial crisis was conducted recently by FDIC economists Eric C. Breitenstein and Nathan L. Hinton. The report focuses on […]
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The federal bank regulatory agencies have announced annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings association under the Community Reinvestment Act (CRA) regulations.
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