OCC

High-cost bank loans a step in the wrong direction

10/03/18

Banks are being encouraged to offer smaller loans as an alternative to payday products, but their high interest rates can still put consumers in debt.

[more]

Take your time, hurry up: The conflicting orders on reg relief

10/02/18

Financial regulators sought to walk a fine line Tuesday between reassuring Republican senators that they are quickly implementing regulatory relief and defending themselves against Democratic criticism that they are going too fast.

[more]

Lawmakers seek more covered funds exclusions as part of Volcker changes

10/01/18

Seven Republican senators urged regulators on Monday to consider additional changes to the Volcker Rule's "covered funds" definition.

[more]

Why there’s no need for the OCC’s fintech charter

10/01/18

Fintechs can get what they need from a traditional bank charter with the FDIC, as long as the agency is willing to play ball and step up its approach to innovation.

[more]

Why this fintech pulled its FDIC charter application

09/27/18

Colin Walsh, Varo Money's CEO, learned a lot from his first stab at deposit insurance. Lesson one: Work with one regulator at a time.

[more]

OCC should improve CRA, not gut it

09/27/18

The agency has suggested several steps in its notice on reforming the law that could actually harm, not help, underserved communities.

[more]

Appraisers balk at plan to 'virtually eliminate' SBA property valuations

09/26/18

The House of Representatives passed two bills that would tie appraisal waivers for Small Business Administration loans to bank rules for commercial real estate loans, despite objections from the Appraisal Institute about its members being cut out of transactions.

[more]

OCC highlights areas of focus for 2019 supervision plan

09/25/18

The plan identified five risk areas — including cybersecurity — that will be on the agenda for agency examiners next year.

[more]

Warren wades into CRA overhaul with revamp plan of her own

09/25/18

The senator’s bill to reform the 40-year-old law and expand housing investments could gain clout as Democrats look to pick up congressional seats and she eyes a presidential run.

[more]

OCC puts another nail in thrift charter's coffin

09/24/18

A proposal to let certain thrifts operate like national banks blurs the line even further between the two institution types.

[more]