Tag: Office of the Comptroller of the Currency
Real estate industry ready for some rate cuts
While many real estate agents are dream sellers, Gina Lalli, senior loan officer at Shamrock Home Loans in Newport, often has to give buyers...
BofA to pay more than $100M for doubling fees, opening accounts...
Bank of America must pay more than $100 million to customers for doubling up on some fees, withholding reward bonuses and opening accounts without...
Three local branches named as part of Webster Bank 2021 closures
WATERBURY, Conn. – One Rhode Island branch and two in Bristol County, Mass., are among the 27 Webster Bank branches slated to close next...
Citizens receives top rating for Community Reinvestment Act performance
PROVIDENCE – Citizens Bank received an “outstanding” rating from the U.S. Department of the Treasury’s Office of the Comptroller of the Currency for its...
Feds to raise ceiling for home-sale appraisals
PROVIDENCE – For the first time in a quarter century, federal banking regulators are raising the minimal price for requiring appraisals on home sales.
Beginning...
Volcker rule trading revamp approved in win for Wall Street
WASHINGTON – Wall Street watchdogs handpicked by President Donald Trump eased the Volcker Rule’s controversial ban on banks making speculative investments, wrapping up a...
Regulators to allow fintech companies to become national banks
PROVIDENCE - The burgeoning financial technology industry scored a big victory Tuesday when federal regulators announced that so-called “fintech” companies will be allowed to...
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