The Federal Housing Finance Agency issued a Request for Input on Federal Home Loan Bank membership as part of a “holisitic view” of membership, according to the FHFA press release. FHFA said the RFI seeks feedback on a number of questions ranging from...
The OCC and FDIC yesterday announced a 30-day extension of the comment period on the agencies’ joint proposal to modernize the Community Reinvestment Act, the Associated Press reports. The new deadline for comments is April 8. Joseph Otting, the Comptroller of...
The Alternative Reference Rates Committee (ARRC) today released a consultation on spread adjustment methodologies for cash products referencing U.S. dollar LIBOR. These spread adjustments are intended for use in USD LIBOR contracts that have incorporated the ARRC’s...
US regulators have almost finished a proposal that would ease some restrictions under the Volcker rule on relationships banks can have with companies such as private equity funds and hedge funds, Comptroller of the Currency Joseph Otting says. He has not offered...
Washington, D.C. – U.S. house prices rose in November, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 4.9 percent from November 2018 to November 2019. The previously reported...