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TBA News & Headlines

OCC to Banks: Expect Closer Scrutiny of Cross-Selling

Posted on 9/21/2016
With Wells Fargo’s product sales quotas in regulatory cross-hairs, Comptroller of the Currency Thomas Curry warned yesterday that large and midsize banks should expect closer examiner scrutiny of sales practices.

Senators Challenge Wells Fargo Chief in Hearing

Posted on 9/20/2016
During a Senate Banking Committee hearing today, senators of both parties challenged Wells Fargo Chairman and CEO John Stumpf over the recent enforcement action against the bank.

FDIC Releases Affordable Housing Guide for Single-Family Lenders

Posted on 9/16/2016
The FDIC yesterday released a new guide to affordable single-family home loan programs, which collects information about programs to expand access to affordable mortgage credit.

OCC Flags Supervision Priorities for 2017

Posted on 9/15/2016
The OCC yesterday released its bank supervision operating plan for fiscal year 2017, identifying what each of the agency’s supervisory operating units will focus on for the new federal fiscal year starting on Oct. 1.