Regulatory guidance

Fed gives small banks 30-day reprieve to file holding company reports


The regulator's extension for first-quarter documents applies to BHCs with less than $5 billion in assets.


Democrats urge regulators to offer lenders more coronavirus guidance


Sen. Mark Warner led a group of Democratic senators in calling on bank, credit union and GSE regulators to give detailed instructions on helping consumer and commercial borrowers hurt by the COVID-19 outbreak.


Bank regulators update pandemic guidance as coronavirus cases grow


The agencies recommend steps banks should take to proactively prevent disruption of operations, minimize contact between staff and customers, and plan for how affected employees reenter the workplace, among other things.


Fed’s Powell open to more than one Libor alternative


Federal Reserve Chairman Jerome Powell told senators that the central bank is willing to explore a credit-sensitive interest benchmark in addition to the secured overnight financing rate, which some banks say could cause problems during economic stress.


Fed's Quarles details his ideal approach to bank supervision


The central bank’s top regulatory official laid out a comprehensive set of proposals to update how the agency supervises banks — particularly large institutions — with an eye toward improving transparency.


CFPB names longtime agency critic to chair consumer task force


Todd Zywicki, a law professor who has sharply criticized the CFPB as an unaccountable bureaucracy, has been named chair of an agency task force identifying potential conflicts and inconsistencies in consumer finance law.


Fed, FDIC extend comment period for input on Camels ratings


The two agencies have delayed the deadline for the public to respond to a request for information on the rating system used to score banks' overall health.


Warren, Brown object to CFPB plan to issue formal advisory opinions


The two Democratic senators said the bureau's policy could allow companies to circumvent consumer finance laws.


Regulators issue warning on growth of nonbank mortgage sector


A report from the Financial Stability Oversight Council cited a bigger share of originations and servicing by nonbanks as a potential vulnerability in the financial system.


GSEs need to shape up if they want to leave conservatorship: Calabria


Recent Fannie Mae and Freddie Mac activities are “not the kind of day-to-day behavior that you would expect from companies” under federal control, the head of the Federal Housing Finance Agency said.