Posts tagged Office of the Comptroller of the Currency
Bank of America CEO: $8 Billion Subprime Settlement Is ‘Like a Bad Hour for Us’
0NEW YORK (TheStreet) – Bank of America (BAC_)’s proposed $8.5 billion subprime mortgage settlement agreement with several large institutions, reached in June 2011, is just a “bad hour,” for the giant bank, according to recent testimony by CEO Brian More >
Foreclosure Settlement Shuts Down Reviews: Banks Will Continue Business As Usual
0By Francine • Jan 13th, 2013 • Category: Pure Content, Regulators, Laws, Standards,Regulations, The Big 4 And Consulting
I wrote last week in Forbes about the settlement of the OCC/Fed consent orders that mandated foreclosure reviews by More >
Office of the Comptroller of the Currency Promotes National Consumer Protection Week
0Image via Wikipedia
WASHINGTON — The Office of the Comptroller of the Currency (OCC) promoted awareness of consumer protection resources during today’s National Consumer Protection Week (NCPW) event on Capitol Hill.
“Consumers need timely, useful More >
Overall Mortgage Performance Stable, Delinquencies Remained Elevated in Third Quarter 2011
0FOR IMMEDIATE RELEASE December 21, 2011Contact: Bryan Hubbard (202) 874-5770 Overall Mortgage Performance Stable, Delinquencies Remained Elevated in Third Quarter 2011 WASHINGTON—The performance of first-lien mortgages serviced by large national More >
10 banking organizations to address misconduct and negligence (repost)
0Action Date: April 14, 2011 Location: Washington, DC
The Federal Reserve Board on Wednesday, April 13, 2011, announced formal enforcement actions requiring 10 banking organizations to address a pattern of misconduct and negligence related to More >
HUD Audits Accuse Major Lenders of False Claims Fraud
0The Huffington Post reported late yesterday that five of the country’s largest mortgage lenders may have defrauded taxpayers by filing false claims with the Federal Housing Administration (FHA). Confidential audits conducted on More >
