The Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency have extended the public comment period for proposed changes to the rules implementing the CRA until April 8, 2020.
Read More »OCC Testing Financial Institution Risk and Capital
Here's how the Office of the Comptroller of the Currency will use the data from its annual stress test scenarios to gain a better understanding of the health of the nation's banks and other financial institutions.
Read More »Financial Services Committee Voices Opposition to Changes to CRA
Chairwoman Maxine Waters said updates to the bill would turn it into the “Community Disinvestment Act.”
Read More »OCC Shines Light on Outstanding Mortgage Debt
Here’s what the Office of the Comptroller of Currency’s report on the country’s mortgage performance revealed about the state of mortgage servicing and delinquencies across the nation.
Read More »Decoding the New Flood Insurance Regulation
Here’s what the banking regulators’ recently amended private flood insurance provisions of the Biggert-Waters Flood Insurance Reform Act would mean for lenders, insurance companies, and servicers.
Read More »OCC Chief Named Acting FHFA Director
Joseph Otting will serve as the Acting Director of the Federal Housing Finance Agency, starting January 2019. Here’s what he had to say about his new role.
Read More »State of the Foreclosure Market
Here’s what an OCC report on the disclosure of mortgage loan data of some of the largest banks in the U.S. revealed about the number of foreclosures initiated by them.
Read More »Appraisal Threshold for Residential Real Estate Loans Could Shift
A proposed change in appraisal regulations could move a regulatory goalpost that’s been in place since 1994. Click through to learn how these proposed alterations could impact the industry.
Read More »OCC Seeks Stakeholder Comments on CRA Regulations
By amending some of the regulations in the CRA, the OCC plans to help banks reach out to low- and middle-income communities.
Read More »How Are Mortgages Performing in 2018?
A new report from the Office of the Comptroller of the Currency examines mortgage performance as of Q1 2018. Click through to learn more about current foreclosure rates, prevention actions, and other data crucial to the servicing landscape.
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