Links in “Agencies”

The FDIC’s Board of Directors will meet in open session on Tuesday, March 15, in pursuance with the Sunshine Act. The meeting will be webcast live here, and will be subsequently made available on-demand one week after the event. [3/11/16]

HUD’s Affirmatively Furthering Fair Housing (AFFH) rule aims to assist and further fair housing, and has pledged to create three assessment tools for its program participants. HUD is now requesting comments on the proposed State and Insular Area Assessment Tool, and has posted sample maps and tables to facilitate public input. [3/11/16]

In a speech to bankers, CFPB Director Cordray says the bureau's practice of seeking to shape industry practices not by rulemaking, but by enforcement actions is a responsible strategy for how to deploy limited resources efficiently. [3/10/16]

The National Credit Union Administration (NCUA) Board Chairman announced she will be stepping down as of April 30, 2016. What type of legacy will she leave? [3/10/16]

In Consumer Financial Protection Bureau (CFPB) Director Richard Cordray’s address to the Consumer Bankers Association (CBA) he highlights some of the progress and innovation that has come as a result of discussion with the CBA and other agencies. [3/10/15]

The FDIC releases a new bank customer guide to cybersecurity that includes tips for preventing online fraud and theft. The new guide includes resources that can help educate consumers on how to protect themselves from online criminals. [3/9/16]

The CFPB's recent report on its efforts notes $14.3 million in remediation for approximately 228,000 consumers related to aspects including student lending violations, debt collection issues and improper reporting of information to credit reporting companies. [3/9/16]

The CFPB released its 10th issue of supervisory highlights covering a number of key findings from recent examinations, including student loan servicing and debt collection as well as recent fair lending settlements. The report also recaps to the bureau's oversight efforts. [3/9/16]

According to theSection 543(c) HFA Risk-Sharing program, HUD is entered into risk-sharing agreements with State and local housing agencies to provide more insurance and credit to multifamily loans. HUD's proposed changes would amend the regulation to better align with other HUD programs and conform to statutory amendments. [3/8/16]

Terminating relationships that aren't problematic because they are in an industry that is viewed unfavorably in order to avoid regulatory scrutiny is called "de-risking," and Thomas Curry of the OCC thinks additional guidance on this issue is in order. [3/8/16]