The agency’s director previewed a policy for companies under enforcement action to have their orders terminated if they comply ahead of schedule.
- LIBOR
Regulators' oversight of the industry's switch to a new interest rate benchmark is expected to intensify as a key deadline approaches.
December 29 - LIBOR
Lenders have until the end of 2021 to phase out their use of the London interbank offered rate in setting interest rates, but ServisFirst Bancshares and its CEO Tom Broughton see little reason to wait when a replacement is already available.
December 27 -
A risk-based capital rule for Fannie Mae and Freddie Mac is expected to top the agenda in 2020 as the companies’ regulator executes plans for their release into the private sector.
December 26 -
A trade group is looking into why New York Gov. Andrew Cuomo felt foreclosure risks were too high to sign a bill that would have approved reverse mortgages for cooperative properties.
December 26 -
Mortgage rates ended the week little changed from the previous seven-day period and near historic lows for the year, according to Freddie Mac.
December 26
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According to a press release, the securitized loans “primarily” consist of Asia-Pacific and other loans not normally included in the company's rated ABS transactions.
December 24 -
New CEO Tim Wennes is counting on soon-to-launch digital offerings to boost consumer loans and deposits and playing up Santander's international reach in a bid to win over middle-market and corporate clients.
December 24 -
The Consumer Financial Protection Bureau faces a busy policy agenda heading into the new year, as well as strong external forces that are beyond its control.
December 23 -
The board- and management-level handing of CRE concentration was the chief concern of FDIC examiners, making up more than 56% of all the supervisory recommendations regulators made in the two-year period.
December 23 -
The inaugural securitization for the Los Angeles-based lender will include $34.86 million in Class A notes, with an initial BBB rating from S&P Global Ratings.
December 23 -
Just in time for the New Year, Dick Clark Productions is returning with a $530M securitization of fees and revenues backed by its five core television broadcasts, including "Dick Clark’s New Year’s Rockin’ Eve."
December 23 -
PE firms have made investments in only seven banks in 2019, compared with 21 last year. Here's what's driving the slowdown.
December 22