Skip to content

Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.

Click Now!


Top Story Lending Related

09/04/2014

Mortgage fraud using straw buyers

The Department of Justice has announced that a Michigan man has been sentenced to 18 months in prison and the payment of almost $200,000 in restitution to a bank and Fannie Mae for his participation in a conspiracy to commit bank fraud. The scheme involved the purchase of homes for approximately $5,000 to $40,000 each and the recruiting of straw buyers to submit fraudulent loan applications for home mortgages in exchange for a fee.
 

09/04/2014

NMLS enhancements and updates

The NMLS has announced October 6, 2014, as the target date for the implementation of numerous general enhancements and system maintenance updates.
 

09/04/2014

Supplementary leverage ratio rule adopted

The FRB, FDIC and OCC also announced  the adoption of a final rule  modifying the definition of the denominator of the supplementary leverage ratio in a manner consistent with recent changes agreed to by the Basel Committee on Banking Supervision. The revisions to the supplementary leverage ratio will apply to all banking organizations subject to the advanced approaches risk-based capital rule. Certain disclosures under the rule will be required starting in the first quarter of 2015; the minimum supplementary leverage ratio requirement using the revised calculations will be effective January 1, 2018.

09/03/2014

Board lists pending litigation

The Federal Reserve Board has posted a list of pending cases involving the Board of Governors. The list does not include lawsuits against the Federal Reserve Banks that do not name the Board of Governors as a party.
 

09/03/2014

Changes to FHLB membership requirements proposed

The Federal Housing Finance Agency (FHFA) has announced a proposed rule that would revise the requirements for financial institutions to apply for and retain membership in one of the 12 Federal Home Loan Banks (Banks). The proposal would revise FHFA's existing Bank membership regulation to ensure that members maintain a commitment to housing finance and that only eligible entities can gain access to Bank advances and the benefits of membership.
 

09/03/2014

CU loan growth

An NCUA news release has been issued to announce that the improving economy in the second quarter of 2014 resulted in the highest year-over-year loan growth since 2006 for federally insured credit unions, as lending increased in all categories. The Second Quarter 2014 Call Report data reported:

  • outstanding loans up 9.8% in past year;
  • longer investment share remains elevated;
  • membership passes 98 million;
  • return on average assets and net worth up;
  • assets continue to rise;
  • delinquency and charge-off ratios steady; and
  • bankruptcy losses declined.

09/03/2014

CU loan growth

An NCUA news release has been issued to announce that the improving economy in the second quarter of 2014 resulted in the highest year-over-year loan growth since 2006 for federally insured credit unions, as lending increased in all categories. The Second Quarter 2014 Call Report data reported:

  • outstanding loans up 9.8% in past year;
  • longer investment share remains elevated;
  • membership passes 98 million;
  • return on average assets and net worth up;
  • assets continue to rise;
  • delinquency and charge-off ratios steady; and
  • bankruptcy losses declined.

09/02/2014

TALF report delivered to Congress

The Federal Reserve Board has filed with Congress an update on the outstanding Federal Reserve loans authorized under the Term Asset-Backed Securities Loan Facility (TALF).
 

09/02/2014

TALF report delivered to Congress

The Federal Reserve Board has filed with Congress an update on the outstanding Federal Reserve loans authorized under the Term Asset-Backed Securities Loan Facility (TALF).
 

08/29/2014

FDIC Quarterly Banking Profile

The FDIC has announced the publication of the Second Quarter 2014 issue of its Quarterly Banking Profile. Chairman Gruenberg issued a statement prior to the release of the report. FDIC insured commercial banks and savings institutions reported aggregate net income of $40.2 billion in the second quarter of 2014, up $2.0 billion (5.3 percent) from earnings of $38.2 billion reported a year earlier. The increase in earnings was mainly attributable to a $1.9 billion (22.4 percent) decline in loan-loss provisions and a $1.5 billion (1.4 percent) decline in noninterest expenses. Approximately 57.5 percent of the reporting institutions had year-over-year growth in quarterly earnings. The proportion of banks that were unprofitable during the second quarter fell to 6.8 percent from 8.4 percent.
 

Pages

Training View All

Penalties View All

Search Top Stories