The CFPB assessed the experiences of borrowers who attempted to access mortgage loan "loss mitigation programs" in effect during COVID-19.

In a Risk Alert, the SEC Division of Examination described its criteria for selecting broker-dealers for exams, the scope of an inquiry and the potential documents that might be requested.

The Board of Governors of the Federal Reserve System released the results of its annual bank stress test. The stress test results demonstrated that all 31 big banks tested had "sufficient capital to absorb nearly $685 billion in losses and continue lending to households and businesses under stressful conditions" while remaining "well above minimum capital requirements."

In its 2023 Fair Lending Report, the CFPB reviewed agency efforts to enforce and supervise fair lending laws. The Report covers supervisory examinations, enforcement actions, rulemakings, guidance, stakeholder engagement and interagency collaboration undertaken in 2023.

Last week, we featured a series of articles focusing on the treatment of AI in various non-US jurisdictions. Each day, we spotlighted a different jurisdiction, exploring how financial regulators around the world are addressing the use of AI by the institutions they oversee.