New federal banking guidance examines the risks of autonomous AI, from borrower communications to servicing transactions, with a focus on human oversight and accountability
Plan could ease reviews of lower-risk mortgage technology while preserving lender responsibility for vendor failures
The OCC and FDIC would put more weight on lending while easing community development requirements for hundreds of banks
Head of the OCC shares front-line perspectives as federal agencies prepare for a second Trump administration
'TD Bank chose profits over compliance in order to keep its costs down,' said U.S. Attorney General Merrick Garland.
FDIC considers small businesses and residential loan originations when evaluating a merger’s competitive effects.
The complexity of relationships between banks, non-banks, and fintech intermediaries threatens to obscure systemic risk.
Addresses reconsiderations of value (ROV) for residential real estate transactions.
The rule is intended to ensure the credibility and integrity of Automated Valuation Models.
The percentage of seriously delinquent mortgages continued to drop.