Skip to content

How to gain more from operational risk management practices.
Modern risk management technology solutions improve efficiency and provide greater visibility into risks. Today’s tools provide real-time visibility, action plans, enhanced reporting and business intelligence, and proactive notifications for operational risk. Real-time data empowers banks and financial services organizations to proactively manage risks and instantly detect and mitigate emerging issues. Click here to learn more.

Top Story Lending Related


Country Exposure Survey

The E.16 Country Exposure Lending Survey for December 31, 2013, has been posted on the FFIEC Web site.


House price index continues upward

The Federal Housing Finance Agency (FHFA) has announced that the U.S. house prices rose 1.3 percent in the first quarter 2014, the 11th consecutive quarter price increase in the purchase-only, seasonally adjusted index.


April housing sales

HUD and the Census Bureau have released the April 2014 residential housing sales report. The seasonally adjusted annual rate was above that of March but below that of April 2013.


CFPB touts $70M remediation to consumers

The CFPB has announced the release of its Spring 2014 Supervisory Highlights, focusing on the illegal actions uncovered by its supervision of the payday, debt collection, and consumer reporting markets. More than $70 million in remediation to approximately 775,000 consumers resulted from the first time federal supervision of the activities of nonbank financial institutions.


G.20 Finance Companies report

The Federal Reserve Board has released the March 2014 G.20 Owned and Managed Receivables Outstanding and Auto Loans: Terms of Credit report.


CFPB releases consumer medical debt study results

The Consumer Financial Protection Bureau has announced the release of a research report that found consumers' credit scores may be overly penalized for medical debt that goes into collections and shows up on their credit report. The study, "CFPB Data Point: Medical Debt and Credit Scores," indicates credit scoring models may underestimate the creditworthiness of consumers who owe medical debt in collections. The scoring models also may not be crediting consumers who repay medical debt once in collection status.


First quarter 2014 charge-Off and delinquency rates

The Federal Reserve Board has posted the Charge-Off and Delinquency Rates on Loans and Leases at Commercial Banks for the First Quarter 2014.


New Mexico bank hit with flood CMP

The Federal Reserve Board has issued a New Mexico bank an Order of Assessment of a Civil Money Penalty for violations of the National Flood Act in the amount of $5,410. Details of the Order are available on BOL's Flood Penalties Watch page.


Payday loan collector settles

The Federal Trade Commission has announced a settlement with the owner of a Houston-based debt collection operation that the FTC charged used insults, lies, and false threats of imprisonment to collect on payday loans. The owner will surrender his assets, estimated to be worth $550,000, to pay restitution to consumers who were charged unauthorized fees. In addition, he is permanently bared from debt collection.


Residential construction report

HUD has released the April 2014 new residential construction statistics. Building permits and housing starts were above the March 2014 revised estimates, while housing completions were below.


Training View All

Penalties View All

Search Top Stories