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Comments on FHLBank system mission review due today

Today is the deadline for community bankers and others to submit comments on the Federal Housing Finance Agency’s request for input on the mission of the Federal Home Loan Bank System.

Jul 15, 2024
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Article
Federal Home Loan Banks (FHLB) Federal Housing Finance Agency

AT&T discloses customer data breach

AT&T released a statement on unauthorized access of customer data from a third-party cloud platform.

Jul 15, 2024
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Article
Data Breach Cybersecurity

FDIC nominee: Community banks are the lifeblood of many communities

The Biden administration’s nominee for FDIC chair—Christy Goldsmith Romero—told Congress she gained a great appreciation for community banks during her time at the Office of the Special Inspector...

Jul 12, 2024
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Article

Input on FHLBank system mission review due Monday

Monday is the deadline for community bankers and others to submit comments on the Federal Housing Finance Agency’s request for input on the mission of the Federal Home Loan Bank System.

Jul 12, 2024
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Article
Federal Home Loan Banks (FHLB) Federal Housing Finance Agency

CFPB proposes mortgage servicing rule

The Consumer Financial Protection Bureau issued a proposed rule to amend mortgage servicing rules under Regulation X.

Jul 11, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

CFPB says it will consider eliminating credit card late fee safe harbor

The Consumer Financial Protection Bureau said it plans to assess whether to eliminate the credit card late fee safe harbor under Regulation Z.

Jul 10, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance Credit Cards

Fed researchers: Banks that share name with failed institutions experience loss of business

Federal Reserve researchers said banks that share their name with a failed bank experience a half-percent drop in transaction deposits relative to banks with similar characteristics but different...

Jul 15, 2024
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Article

FHFA releases VantageScore 4.0 credit scores

The Federal Housing Finance Agency announced that Fannie Mae and Freddie Mac are making historical VantageScore 4.0 credit scores available to approved users to support the transition to updated...

Jul 12, 2024
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Article
Secondary Mortgage Market Secondary Mortgage Market Federal Housing Finance Agency