Links in “Agencies”

The Financial Research Advisory Committee or FRAC (I know. Not as cool a name as S.H.I.E.L.D.) is looking for applications for membership on the committee. Specifically seeking applicants with superpowers including data management, econometrics, statistical analysis, or turning into a giant green rage monster. [4/30/15]

A Maryland-based title company's executive and loan officers offered kickbacks in exchange for mortgage referrals. These kickbacks were funneled through a network of companies owned by the company and were in amounts ranging from $130,000 to $500,000. [4/30/15]

Regions Bank was charged $7.5 million by the CFPB for illegally charging overdraft fees to consumers who had not opted-in for such coverage. This is the first time the CFPB is taking enforcement actions against an institution under the rules that prohibit fees to be charged under such conditions. [4/29/15]

The Federal Reserve Board released on Tuesday a list of several enforcement actions which have been terminated. [4/29/15]

The CFPB's efforts to ensure fair access to credit continue! This report outlines key supervision and enforcement actions over the last year, and provides access to the most recent Fair Lending Report. [4/29/15]

CFPB's Silberman provides testimony before a Subcommittee on Financial Institutions and Consumer Credit and touts the CFPB's work to strengthen the nation's financial system in efforts to serve consumers, promote responsible businesses, and improve the overall economy noting $5.3 billion in relief to consumers. Discussion on a regulatory implementation program for the integrated disclosure rule is also promoted. [4/24/15]

In partnership, the FDIC and the CFPB launched "Money Smart for Young People", a free resource series of lesson plans and resources for teachers and  parents to improve financial education for children by teaching them about managing money and decision-making skills. [4/24/15]

The OCC's Senior Deputy Comptroller for Midsize and Community Bank Supervision provided testimony before Congress discussing the challenges facing small banks under OCC purview, and the work to help those institutions in remaining a vibrant part of the nation’s financial system. [4/24/15]

That’s what NCUA Director of Examination and Insurance Larry Fazio said yesterday at a hearing before the House Financial Institutions and Consumer Credit Subcommittee. Fazio referenced a recent proposed rule to increase the asset limit for a “small” credit union from $50 million to $100 million and a final rule scheduled for review at the next board meeting that would simplify the process by which federal credit unions add groups to their fields of membership. [4/23/15]

According to Chairman Matz, being green is just part of the culture at NCUA. Find out what the NCUA has been doing to promote environmental stewardship this past year! [4/23/15]