News & Analysis as of

Federal Reserve Consumer Financial Protection Bureau (CFPB) National Credit Union Administration

Ballard Spahr LLP

Supreme Court temporarily allows independent labor board firings; impact on FTC, NCUA ousters is unclear

Ballard Spahr LLP on

In a move that could have ramifications for lawsuits filed by former FTC and NCUA board members, by a vote of 6-3 the Supreme Court has issued a stay that prohibits the Democratic members of the National Labor Relations Board...more

Morrison & Foerster LLP

FinReg Currents - Week 14

Each week of the first 100 days of the new Trump administration, we will publish updates on key federal financial services regulatory and related developments. This week, we review the following developments as of Wednesday: ...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – April 2025 # 4

Troutman Pepper Locke on

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

Orrick, Herrington & Sutcliffe LLP

CRS report on CFPB budget and funding structure receives update

On February 4, the Congressional Research Service updated its report on the CFPB’s budget and funding structure, finding the Bureau’s independence from congressional appropriations is not unique among the financial regulators...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday January 17, 2025

Paul Hastings LLP on

January 16, 2025- The U.S. Committee on Banking, Housing and Urban Affairs held a hearing on the nomination of Mr. Eric Scott Turner, to be Secretary, U.S. Department of Housing and Urban Development....more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday January 15, 2025

Paul Hastings LLP on

January 14, 2025- Federal Deposit Insurance Corporation Chair Martin Gruenberg gave a speech entitled “Three Financial Crises and Lessons for the Future,” at the Brookings Institution....more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday December 20

Paul Hastings LLP on

December 19, 2024- The U.S. Department of the Treasury released a report following the issuance of its 2024 Request for Information on the Uses, Opportunities, and Risks of Artificial Intelligence in Financial Services,...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday December 18

Paul Hastings LLP on

December 17, 2024- The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the incoming Chairman and current Committee Vice Chair, French Hill (AR-02), sent letters to the outgoing Biden...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday December 6

Paul Hastings LLP on

December 5, 2024 - The Federal Reserve Bank of New York published a staff report entitled “Corporate Debt Structure over the Global Credit Cycle.” December 5, 2024 - The Federal Reserve Board published a Liberty Street...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday December 5

Paul Hastings LLP on

December 4, 2024- The U.S. House Committee on Financial Services held a hearing entitled “Innovation Revolution: How Technology is Shaping the Future of Finance.”...more

Orrick, Herrington & Sutcliffe LLP

CFPB finalizes rule on defining larger market fintech participants

On November 21, the CFPB issued its final rule defining larger participants in the digital consumer payment applications market. The rule does not impose new substantive consumer protection requirements, but it does subject...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday September 20

Paul Hastings LLP on

September 19, 2024- The Federal Reserve Bank of New York’s Open Market Trading Desk issued a statement announcing it intends to conduct a small value term repo operation with Primary Dealers....more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday August 28

Paul Hastings LLP on

August 27, 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....more

Orrick, Herrington & Sutcliffe LLP

Financial agencies propose rules to standardize data collections

On August 2, the OCC, Fed, FDIC, NCUA, CFPB, FHFA, CFTC, SEC and Treasury (collectively, the agencies) released an interagency NPRM to establish data standards across these agencies for “certain collections of information...more

Paul Hastings LLP

Daily Financial Regulation Update -- Monday August 12

Paul Hastings LLP on

August 9, 2024 - The U.S. Department of the Treasury, Federal Reserve Board, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Securities and Exchange Commission, Commodity Futures Trading...more

Cooley LLP

Federal Regulators Act to Enhance Property Valuations During Mortgage Origination Process

Cooley LLP on

On July 17 and 18, 2024, federal financial regulators adopted rules and guidance setting forth expectations in the mortgage industry that originators properly oversee use of automated valuation models (AVMs) and entertain...more

Ballard Spahr LLP

Federal Agencies Finalize Reconsideration of Value Guidance

Ballard Spahr LLP on

A group of federal agencies have finalized reconsideration of value (ROV) guidance for residential real estate valuations. The agencies are the Comptroller of the Currency (OCC), Consumer Financial Protection Bureau (CFPB),...more

Orrick, Herrington & Sutcliffe LLP

Financial regulators release final AVM rule for publication

On July 17, the CFPB, OCC, Fed, FDIC, NCUA and FHFA adopted a final rule titled “Quality Control Standards for Automated Valuation Models.” As previously covered by InfoBytes, this final rule implemented new provisions...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday July 19, 2024

Paul Hastings LLP on

July 18, 2024- The Consumer Financial Protection Bureau proposed an interpretive rule explaining that many paycheck advance products, sometimes marketed as “earned wage” products, could be consumer loans subject to the...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday July 11, 2024

Paul Hastings LLP on

July 10, 2024 - The U.S. House Committee on Financial Services held a hearing entitled, “The Federal Reserve’s Semi-Annual Monetary Policy Report.” The Committee heard testimony from The Honorable Jerome H. Powell,...more

Orrick, Herrington & Sutcliffe LLP

Agencies finalize new standards for AVMs

On June 20, the CFPB, OCC, Fed, FDIC, NCUA and FHFA (the financial services regulators) issued a final rule implementing new provisions governing the use of automated valuation models (AVMs), which are commonly used by...more

Cadwalader, Wickersham & Taft LLP

Federal Regulators Publish Final Rule on Automated Valuation Models and AI That Imposes Obligations on Secondary Market Issuers,...

On June 6, 2024 federal regulators published a final rule addressing Quality Control Standards for Automated Valuation Models. This was a collaborative rulemaking effort that included regulators from the Office of the...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday June 27, 2024

Paul Hastings LLP on

June 26, 2024- The U.S. House Committee on Financial Services Subcommittee on Housing and Insurance held a hearing entitled, “Housing Oversight: Testimony of the HUD and FHFA Inspectors General.” The Committee heard...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday June 26, 2024

Paul Hastings LLP on

June 25, 2024- The Federal Reserve Board published a working paper entitled, “Sexual Orientation and Financial Well-Being in the United States.” June 25, 2024- Federal Reserve Board Governor Lisa D. Cook gave a speech...more

Paul Hastings LLP

Daily Financial Regulation Update -- Tuesday June 25, 2024

Paul Hastings LLP on

June 24, 2024 - U.S. Secretary of the Treasury Janet L. Yellen gave remarks on housing policy and announcing new efforts by the Treasury Department using its existing authorities to increase the supply of housing....more

129 Results
 / 
View per page
Page: of 6

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide