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Federal Deposit Insurance Corporation Fannie Mae Financial Services Industry

The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain... more +
The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain stability and consumer confidence in the United States banking system by insuring deposits, monitoring the health of financial institutions and managing receiverships.  less -
Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – April 2025

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday March 11, 2025

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March 10, 2025 - The Federal Reserve Board, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency reported in the 2024 Shared National Credit (SNC) report that credit risk associated with...more

Paul Hastings LLP

Daily Financial Regulation Update -- Monday February 10, 2025

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February 7, 2025 - The U.S. Department of the Treasury announced the appointment of Rodney E. Hood as Acting Comptroller of the Currency, effective February 10, 2025. The Acting Comptroller also will be a director on the...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday January 2, 2025

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December 30, 2024- U.S. Senate Banking, Housing and Urban Affairs Committee Ranking Member Tim Scott (R-S.C.) released his 2024 Year-in-Review and Oversight Report for the 118th Congress, highlighting Banking Committee...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday October 16

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October 15, 2024 - The Federal Reserve Board released the minutes from its recent meetings to review and determine the discount rates provided to depository institutions through the discount window. The minutes cover the...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, January 17 2024

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January 16, 2024- The Federal Reserve Board published a working paper entitled, "A Field Guide to Monetary Policy Implementation Issues in a New World with CBDC, Stablecoin, and Narrow Banks."...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, September 19, 2023

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September 18, 2023- New York State Department of Financial Services (DFS) issued an update on an ongoing initiative to strengthen DFS oversight of virtual currencies. September 18, 2023- The Federal Reserve Bank of New...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday, August 9, 2022

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August 8, 2022- The U.S. Department of the Treasury's Office of Foreign Assets Control sanctioned virtual currency mixer Tornado Cash, which was used to launder more than $7 billion worth of virtual currency since its...more

Goodwin

FHFA Eliminates Adverse Market Refinance Fee

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In This Issue. The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will no longer charge lenders the Adverse Market Refinance Fee; the Federal Deposit Insurance Corporation (FDIC) is seeking...more

Goodwin

OCC Proposes Rules for CRA Benchmarks and Fair Access

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In the News. The Office of the Comptroller of the Currency (OCC) issued a long-awaited rule seeking comment on its proposed approach to determine the Community Reinvestment Act (CRA) evaluation measure benchmarks, retail...more

Goodwin

CFPB, FTC And 50 States Show Power In Numbers With Operation Corrupt Collector

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In the News. The Consumer Financial Protection Bureau (CFPB), along with the Federal Trade Commission (FTC) and more than 50 federal and state law enforcement partners, announced Operation Corrupt Collector, a nationwide law...more

Goodwin

Financial Services Weekly Roundup: Madden Fix/Valid When Made Rule Faces New Challengers

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In the News. On the heels of a lawsuit challenging the Office of the Comptroller of the Currency’s (OCC) recently issued Madden fix/valid when made rule, eight state attorneys general filed suit challenging a similar rule...more

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