Tag Archives: Office of the Comptroller of the Currency

Acting Comptroller of the Currency Brian Brooks said the new Community Reinvestment Act is a “powerful tool” in supporting underserved populations.

Legislation has already been introduced to reverse the new CRA rule created by the OCC as researchers express their own concerns with the rule.

The Office of the Comptroller of the Currency urged agencies to conduct reviews with an understanding of the vast impact the pandemic is having on financial institutions.

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.

Otting steps into a role vacated in May 2017 by former Comptroller Thomas J. Curry.

Due to a shortage of licensed and certified appraisers, major national financial regulatory agencies have issued an advisory to help reduce delays in the consideration of loan applications in rural communities. Since loans cannot be executed without appraisals, the advisory outlines two options to remedy the problem. The FDIC has suggested that states issue temporary practice permits and engage in reciprocity, or that effected institutions submit a request temporary waivers to set aside licensing requirements.

The Office of the Comptroller of the Currency (OCC) has appointed Peggy Sherry as Deputy Chief Financial Officer, according to a recent announcement from the OCC.

The Office of the Comptroller of the Currency (OCC) appointed Beverly F. Cole as the Deputy Comptroller for the Compliance Supervision, where she will report to the Senior Deputy Comptroller for Compliance and Community Affairs.

Here are the key objectives and priorities that banks need to focus on for the remainder of t2016, according to the OCC.

In his speech at the American Banker Retail Banking Conference in Las Vegas on Thursday, Comptroller of the Currency Thomas Curry spoke to the importance of innovation in the financial services industry—especially amidst the constantly changing technological environment.