The Consumer Financial Protection Bureau reported supervisory observations and exam findings in automobile loan servicing, deposits, mortgage servicing, and remittances between June 2018 and November 2018.
The Office of the Comptroller of the Currency request for comments on how to modernize the Community Reinvestment Act regulatory framework was published in the Federal Register. Comments must be received on or before November 19, 2018.
In a revised Policies and Procedures Manual, the Office of the Comptroller of the Currency clarified how its Community Reinvestment Act evaluation of certain banking organizations is impacted by evidence of discriminatory or other illegal credit practices.
The Federal Reserve Board Division of Consumer and Community Affairs introduced a new publication that is intended to provide industry members with guidance on relevant supervisory issues related to consumer protection.