Financial regulations

NCUA capital plan prioritizes investors over consumers

12/16/20

The regulator is expected to finalize a rule this week allowing credit unions to issue subordinated debt to outside institutional investors. That's bad public policy, the American Bankers Association writes.

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Kyle Hauptman formally joins NCUA board

12/14/20

Hauptman said dealing with the economic fallout from the coronavirus was a top priority for the agency, along with aligning incentives and expanding the use of technology in the industry.

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With packed agenda, NCUA spreads Dec. board meeting over 2 days

12/11/20

The credit union regulator's monthly meeting will cover the agency's budget proposal and subordinated debt, among other items, along with taking another shot at an overdraft proposal that was rejected earlier this year.

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NCUA budget divides board members over crisis preparations

12/02/20

Board member Todd Harper was concerned that the credit union regulator was not adequately preparing for the impact of prolonged economic turmoil and could be caught "flat-footed" as it was heading into the last crisis.

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Senate confirms Kyle Hauptman to NCUA board

12/02/20

The confirmation ensures Republicans will hold the majority vote at the credit union regulator until at least 2023.

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OCC announces 3% cut to assessments in 2021

12/01/20

The reduction marks the third time in three years the agency has cut annual fees for national banks.

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Week ahead: All about NCUA

11/30/20

The credit union regulator's budget briefing could produce fireworks, but possible Senate action could make the result of an eventual budget vote a foregone conclusion.

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Climate risk test asks banks to look too far down the road

11/30/20

Global regulators are considering a universal stress test for climate change that requires lenders to use a 30-year horizon, a difficult and speculative projection of the energy industry that could harm bank financials.

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Reducing mortgage defaults starts with beefing up housing supply

11/25/20

Default risks soar in minority neighborhoods during challenging economic times because, data shows, homes there are overpriced relative to incomes. Zoning and other changes could make loans more affordable by boosting housing stock and driving down prices.

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OCC enters new phase of CRA reform with scoring proposal

11/24/20

The plan still lacks concrete details about standards banks must meet to earn high ratings, but the agency said the new methodology would end grade inflation and could penalize banks that underperform.

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