Foreclosure inventory rises in 1Q to six-year high
The total delinquency rate rose 0.2 percentage points annually in March, with the share of loans 90 days late rising out of the range they were in since 2024.
Rate may allow some refinance loans to skip title policy
The test of automated risk assessments for government-sponsored enterprise-eligible mortgages are designed to help determine when waivers might be possible.
ECB tells banks to speed tech fixes as AI shrinks the clock
The eurozone’s top bank supervisor is the latest to act on artificial intelligence’s impact on cyber risk, even as U.S. regulators set no formal expectations.
Press Release: FDIC Issues CRA Examination Schedules for Third Quarter 2026 and Fourth Quarter 2026
PRESS RELEASE | MAY 29, 2026 FDIC Issues CRA Examination Schedules for Third Quarter 2026 and Fourth Quarter 2026 WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the third quarter 2026 and fourth quarter 2026. CRA regulations require each federal bank and […]
Fed’s Bowman willing to look through war-driven inflation bump
Federal Reserve Vice Chair for Supervision Michelle Bowman said Friday that she believes price growth is still heading toward the central bank’s 2% target when factoring out one-time shocks such as tariffs and elevated oil prices.
Press Release: FDIC Publishes Enforcement Orders for April 2026
PRESS RELEASE | MAY 29, 2026 FDIC Publishes Enforcement Orders for April 2026 WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) today published a list of orders of administrative enforcement actions taken against banks and individuals in April 2026. There are no administrative hearings scheduled for June 2026. Consent Order: Farmers and Mechanics Federal Savings Bank, Bloomfield, […]
The revolution got rekt
The crypto industry thought it could do trust better than the banks, found out it couldn’t and realized it needs rules to guarantee trust.
In a world of increasing inauthenticity, banks need to keep it real
People are becoming increasingly wary that things they see, read and hear may be AI-generated rather than authentic. To maintain customer trust, banks need to leave no doubt that they are people-driven organizations.
Why trust charters brought crypto companies into the fold
Cryptocurrency companies have rushed to apply for national trust charters from the Office of the Comptroller of the Currency during the second Trump administration after remaining on the sidelines for years. Experts say the trust charters offer them scale, Fed access and legitimacy without the full regulatory burden of traditional banks.
Strong U.S. results drive bottom line growth for TD
Though compliance spending remains an issue, the Toronto-based company reported linked-quarter loan growth in the U.S. and expects the trend to accelerate.