The OCC and FDIC would put more weight on lending while easing community development requirements for hundreds of banks
Tagged: FDIC
The shift could also reshape competitive dynamics between banks and nonbanks across mortgage origination and servicing
A group of trade associations is urging regulators to ease mortgage-related capital requirements, arguing reforms could restore bank participation in lending, servicing, and securitization, while strengthening housing affordability
The CSBS has added Chad Davis as senior vice president of legislative policy, tasking him with leading congressional engagement and shaping the organization’s federal advocacy on behalf of state financial regulators
FDIC considers small businesses and residential loan originations when evaluating a merger’s competitive effects.
Addresses reconsiderations of value (ROV) for residential real estate transactions.
The rule is intended to ensure the credibility and integrity of Automated Valuation Models.
FDIC estimated that the second-largest bank failure in U.S. history will cost Deposit Insurance Fund $13 billion.
Says the face value of Signature Bank's portfolio is about $27 billion, and about $87 billion for SVB's portfolio.
Departure of Trump-appointed Jelena McWilliams next month expected to lead to stricter regulation as Democrats assert control.