FDIC examiners said most TILA issues involved failure to provide consumers with disclosures. Issues with the Electronic Fund Transfers Act and the Flood Disaster Protection Act were also common.
Conservative critics of the housing-finance system say preserving the status quo is more likely than a release from conservatorship or a government monopoly.
Researchers tell Congress that, despite the role the FHLBanks played in the bank failures of 2023, a higher level of FHLBank borrowing has historically been associated with positive outcomes for members.
The federal banking regulators opposed Colorado’s attempt to enact a law that would allow the state to make out-of-state banks subject to its interest rate caps when lending to Colorado borrowers.
The proposal seeks to reinstate the Community Reinvestment Act framework that existed prior to the 2023 final rule. That framework has largely been unchanged since it took effect in 1995.
The annual increase in conforming loan limits creates a natural experiment for economists to examine how competition from nonbanks influences the operations of depositories.
A potential slowdown of regulations and actions taken by the CFPB during the second Trump administration could alleviate regulatory pressure on financial service providers.
The custodial structuring and deposit accounts used in securitizations don’t pose any policy concerns that the FDIC’s rule is attempting to fix, according to SFA.