Federal Reserve Board

• Feds Slap Collective $9.3 Billion Hit on Big Banks for Deficient Mortgage Servicing

  By Heather Anderson  |  March 1, 2013

  Thirteen institutions expected to also undertake loss mitigation efforts focused on foreclosure prevention in OCC/Fed settlement.

• Fed’s Duke: Reg Burden Quantifiably Tougher on Small Banks

  By Heather Anderson  |  February 5, 2013

  Fed governor said banks of $50 million or less in assets hit harder by need to staff up to meet compliance demands.

• Commercial Real Estate Activity Mixed Across Districts: Fed

  By Michelle A. Samaad  |  January 17, 2013

  Though a little weaker than residential real estate, reports on sales and leasing of nonresidential real estate are still mostly positive.

• Goldman Sachs, Morgan Stanley Reach $557 Million Enforcement Deal

  By Heather Anderson  |  January 16, 2013

  Goldman Sachs and Morgan Stanley have agreed to pay $557 million in cash payments and other assistance to help mortgage borrowers.

• CUNA Objects to FTC's Interchange Characterization

  By David Morrison  |  January 9, 2013

  Trade writes letter to commission, arguing its report is based on "selective information."

• HMDA Reporting Errors Subject of NCUA Jan. 24 Webinar

  By Heather Anderson  |  January 2, 2013

  NCUA and Fed experts will address common errors in data submissions.

• Randy Smith Is Retiring

  December 5, 2012

  Randolph-Brooks Federal Credit Union CEO Randy M. Smith has announced plans to retire effective Dec. 31.

• NAFCU Talks Credit Unions and Liquidity with Fed

  By Heather Anderson  |  December 3, 2012

  Trade presents its 2012 Report on Credit Unions, notes 30% intend to access liquidity in the next 12 months.

• Year Caps Off with Continued Gains in Commercial Real Estate: Fed

  By Michelle A. Samaad  |  November 30, 2012

  Commercial real estate activity continued to improve across most of the 12 Federal Reserve Board districts.

• Randy Smith Retiring from Randolph-Brooks FCU

  By Myriam DiGiovanni  |  November 27, 2012

  Smith to be succeeded as CEO by current President Christopher O'Connor at big Texas credit union.