OCC issues bulletin on CRA exam cycle, assessment areas

06/15/18

The new guidelines are a prelude to a much larger effort by regulators to modernize implementation of the Community Reinvestment Act.

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Trump said to favor little-known OMB official as next CFPB chief

06/15/18

Kathy Kraninger, an obscure official at the Office of Management and Budget, is President Trump's leading candidate to become director of CFPB, according to sources.

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Behind BofA's hiring push in low-income areas

06/15/18

Bank of America is in expansion mode and wants to add 10,000 retail and other workers who better reflect the communities it serves.

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Is GSE capital proposal an academic exercise — or a whole lot more?

06/15/18

No plan will be implemented as long as Fannie Mae and Freddie Mac remain in conservatorship, but a capital framework for the companies could still have a substantive impact.

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CFPB leadership decision, fintech's future: Five events to watch next week

06/15/18

From a major CFPB deadline to a long-anticipated fintech report, there's a lot to watch for in the days to come.

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USAA vs. Wells, BofA's Erica, SARs relief: Top stories of the week

06/15/18

Wells Fargo on the receiving end of USAA's long-standing intellectual property threat; millions are mad about Erica, Bank of America's virtual assistant; relief may be in reach for bankers fed up with SARs; and more from this week's most-read stories.

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Activist investor ratchets up rhetoric by pressing HomeStreet to sell

06/15/18

Blue Lion Capital, which has been a vocal critic of the Seattle company's strategy, also wants management to consider selling its MSR portfolio.

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Banks took wide-ranging actions to head off more sales abuses: OCC

06/15/18

The agency has provided new information about changes large and midsize banks are making in the wake of the Wells Fargo scandal, but Senate Democrats continue to press for more details.

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Citigroup to pay $100 million to 42 states in Libor probe

06/15/18

The settlement is the latest development in probes by governments around the globe into banks’ manipulation of benchmark interest rates.

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Judge approves Wells' $142M settlement of fake accounts lawsuit

06/15/18

The settlement applies to customers who had accounts opened without their consent over a 15-year period beginning in May 2002.

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