Links in “Agencies”

The OCC announced the adoption of the interagency examination procedures reflecting new mortgage rules requirements under Dodd-Frank with procedures on assessing an institution’s compliance with the new mortgage rules and conducting examinations. [3/17]

Let's get social, but let's do it smart. Host Ken Agle presents what financial institutions should know about their social media presence and recent regulatory guidance on the issue. [3/14]

The NCUA announces the issuing of $517,890 in grants to 127 low-income credit unions to promote new products, training, and access to resources. [3/14]

Speech given at annual National Community Reinvestment Coalition (NCRC) convention highlights Bureau's efforts on consumer protection and access to credit. The speech noted continued problems in collections and mortgage industries as evidenced by the heavy volume of complaints (300,000 to date with 21,000 received in February 2014), with the majority focused on debt collections (6,200  per month on average) and mortgages (4,500). [3/13]

This speech to the National Community Reinvestment Coalition focuses on rural outreach efforts and the role OCC is playing in providing guidance through updated Q&A on Community Development Initiatives that have broader regional/state impact. [3/13]

CFPB plans to address "zombie foreclosures," properties that banks and mortgage servicers have walked away from before the completion of the foreclosure process, sometimes leaving borrowers on the hook for mortgage debt, taxes and maintenance, even though they may have long since moved out. [3/13]

48 national banks' and federal savings associations' CRA results released. It has been a good year so far with 12 Outstanding ratings, 36 Satisfactory ratings, and 0 Needs to Improve ratings for the months of January and February. [3/13]

The OCC results of the December 2013 evaluations shows 34 Public Evaluations made available with 9 rated outstanding, 23 rated satisfactory, and two rated needs to improve (Woodforest National Bank (Texas) and E*Trade Savings Bank). [3/12]

CFPB's Director Cordray speaks to the President's Advisory Council on the importance of financial literacy, emphasizing the need for financial education in every school. Remarks lay out a five point action plan that includes integrated curricula, experiential learning, personal financial management, incentives for educators and parental involvement. [3/11]

Of the 78 videos on the CFPB's YouTube page, the most popular is a message from Director Cordray inviting consumers to tell their story of treatment at the hands of lenders and mortgage servicers "to ensure that they're treated fairly." [3/11]