FSB Pledges Further Work on Bank NBFI Capital Exposures, MMFs, OEFs
The FSB today published an update on its non-bank financial intermediation (NBFI) reforms, finding that further progress is needed in implementing capital requirements for bank exposures to investment funds and large exposures.
CFPB Tells Examiners To Look At Servicer Fees, Foreclosure Process
The CFPB today released updated Mortgage Servicing Examination Procedures reflecting newly identified consumer risks since its 2016 update as well as pandemic-era servicing changes.
FRB-NY: Small Banks Behind Recent Discount Window Lending Spike
A new post from FRB-NY staff looks at why discount-window lending has recently increased, providing data that make it still more interesting that Silvergate chose emergency support from Home Loan Banks, not the Fed.