The FDIC reminded insured depository institutions on requirements for reporting estimated uninsured deposits.
News & Insights
Banking agencies set a comment deadline of September 19, 2023 for proposed risk management guidance concerning "reconsiderations of value" in real estate transactions.
The OCC, Federal Reserve Board, FDIC and National Credit Union Administration finalized a policy statement for financial institutions on commercial real estate loan accommodations for borrowers during periods of financial stress.
FDIC Chair Martin J. Gruenberg announced that the FDIC, the Federal Reserve Board and the OCC plan to issue a joint proposed rulemaking in the near term to incorporate the finalization of the Basel III capital framework.
The banking agencies set a comment deadline of August 21, 2023 for a proposed to require mortgage originators and secondary market issuers to ensure that "automated valuation models used in certain credit decisions or covered securitization determinations adhere to quality control standards."