Banking Solutions

Regulatory Agency News

Federal Reserve

Meltdown 101: What shows up in the Fed minutes?

Clues about where Federal Reserve officials see the economy heading - or how they can better battle the worst financial crisis since the 1930s - can be uncovered in documents released a few weeks...
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Documents Offer Insight Into Fed Rate Cuts

Jan 6, 2009 1:30 pm US/Eastern Treasury Secretary Henry Paulson, Federal Reserve Bank Chairman Ben Bernanke and Federal Deposit Insurance Corporation Chairman Sheila Bair testify before the House...
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Fed Buys MBS In Latest Unconventional Move

The Federal Reserve on Monday kick-started its latest unconventional program to boost the moribund economy, this time taking aim at the heart of the slumping housing market.Read...
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FDIC News

A Possible Drag on Bank Lending

A proposal from the Federal Deposit Insurance Corporation could make it harder to get a mortgage from small community banks.Read more: NYT > Federal Deposit Insurance Corporation
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Fighting Foreclosures, F.D.I.C. Chief Draws Fire

The Federal Deposit Insurance Corporation chief called for billions in aid for homeowners, angering officials.Read more: NYT > Federal Deposit Insurance Corporation
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Getting to Yes

If Treasury Secretary Henry M. Paulson Jr. wants to persist in withholding bailout funds for foreclosure relief, he will have to come up with a new set of justifications.Read more:...
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OCC News

Issuance of Final Interagency Questions and Answers on Community Reinvestment

The federal financial institution regulatory agencies today announced the publication of new and revised Interagency Questions and Answers Regarding Community Reinvestment that, among other things,...
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OCC Reports Third Quarter Bank Trading Revenue of $6.0 Billion

Insured U.S. commercial banks reported $6.0 billion in revenues from trading cash and derivative instruments in the third quarter, compared to revenues of $1.6 billion in the second quarter of 2008,...
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Federal Financial Regulators Issue Revised Identity Theft Brochure

The federal bank, credit union, and thrift regulatory agencies today announced publication of a revised identity theft brochure – You Have the Power to Stop Identity Theft – to assist consumers...
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FFIEC News

IGT Awarded The First PCI DSS 1.2 Certification

IGT, a pioneer in travel technologies and services received the coveted PCI DSS 1.2 certification from leading PCI DSS QSAC, ControlCase. IGT is the first Travel BPO Organization to become PCI DSS...
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nCircle Signs New PCI Partnerships

nCircle, provider of automated security and compliance auditing solutions, today announced 4 new PCI partnerships; Datassurant of Reston, Virginia, Sacramento Technology Group LLC of Folsom,...
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Skybox Security Joins PCI Security Standards Council as Newest Participating Organization

Skybox Security has announced that it has joined the PCI Security Standards Council as a new participating organization. As a Participating Organization, Skybox Security will work with the Council to...
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FinCEN News

Casino Industry Currency Transaction Reporting: An Assessment of...

Docuticker is a daily update of new reports from government agencies, ngo's, think tanks, and other groups.Read more: Search for ""FinCEN""
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ATTUS Unveils Automated Reg E Compliance Solution

ATTUS Technologies, Inc., an industry leader in software and services, today announced the release of its latest compliance solution for financial institutions, WatchDOG for Reg E, a web-based...
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FINANCE: A Good Time To Be a White-Collar Criminal?

The Securities and Exchange Commission has said that it failed to pursue a variety of allegations about Bernard Madoff's alleged Ponzi scheme, which may have cost investors as much as $50...
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NCUA News

NCUA launches enhanced supervisory effort

The National Credit Union Administration activated its National Examination Team (NET) Thursday, an effort meant to respond to current market difficulties facing credit unions.Read...
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Rep. Sherman backs more MBL authority

In a statement on the House floor this week, a senior member of the House Financial Services Committee backed lifting the credit union member business lending cap as foremost among options that could...
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Leagues support Invest in America plan

Several state credit union leagues have announced their support of the "Invest in America" credit union loan partnerships between America's Credit Unions and automakers General Motors and Chrysler...
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OTS News

Plus: Experts Say Fraud Likely to Rise

With the news out of India that outsourcer Satyam Computer Services' accounting statements were a work of fiction worthy of John Grisham, 2009 has its first major case of corporate accounting...
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HTML

Disclosure of National Bank and Federal Thrift Mortgage Loan Data Third Quarter 2008 [ Print Version [PDF] ] The OCC and OTS Mortgage Metrics Report presents performance data on first lien...
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U.S. financial regulation fixes urgently needed: GAO

U.S. financial authorities have failed to limit systemic risks, and weaknesses in regulation need to be urgently fixed, according to a congressional report Thursday.Read more: Search...
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HUD News

HUD RETURNS MIAMI-DADE HOUSING AGENCY TO LOCAL CONTROL - CITES IMPROVED MANAGEMENT AND COUNTY COOPERATION

WASHINGTON - The U.S. Department of Housing and Urban Development today returned control of the Miami-Dade Housing Agency (MDHA) to the Miami-Dade County after 15 months in HUD possession. HUD cited...
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HUD CHARGES MISSISSIPPI HOUSING AUTHORITY, PROPERTY MANAGERS, AND APARTMENT COMPLEX WITH VIOLATING FAIR HOUSING ACT

WASHINGTON - The U. S. Department of Housing and Urban Development announced today that it has charged the Mississippi Regional Housing Authority, No. VIII (MRHA), of Gulfport, Sun Belt Management...
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HUD SECRETARY RETURNS TO BREAK GROUND AT C.J. PEETE TO BRING NEW HOUSING, MIXED-INCOME COMMUNITY

NEW ORLEANS - U.S. Housing and Urban Development Secretary Steve Preston returned to New Orleans today for a second time in less than 30 days to break ground at another public housing site that was...
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