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Federal Reserve building

Regulators offer CECL guidance to aid industry’s adoption

WASHINGTON — Four federal regulators have proposed an interagency policy statement intended to support implementation of the Current Expected Credit Losses accounting standard....
Federal Reserve

Regional banks sound alarm over new interest rate benchmark

WASHINGTON — Executives from 10 regional banks sent a letter to the federal banking regulators last month expressing concern that a new interest...
A bus is reflected in a Citibank branch window in Chicago.

Citi fined $30 million over how it handled foreclosed property

WASHINGTON — The Office of the Comptroller of the Currency is fining Citigroup's bank subsidiary $30 million over claims that it repeatedly violated...
OneWest Bank to cough up cash over racial bias allegations during Mnuchin’s reign | 2019-07-30

Fifth Third Bank approved by OCC to become nationally chartered | 2019-09-11

Fifth Third Bank is ready to go nationwide. Fifth Third Bank is based in Ohio and currently operates in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia,...
Tribes push for historic carve-out in CRA reform plan

Tribes push for historic carve-out in CRA reform plan

ALBUQUERQUE, N.M. — Expanding the healthcare center in Kewa Pueblo, a census-designated part of New Mexico home to the Native American tribe of...
Appraisal exemption Nov. 2018

Appraisals may soon not be required on certain home sales of $400,000 and under...

Certain home sales of $400,000 and under may soon not need an appraisal, as federal regulators are close to approving a proposal to...
Comptroller of the Currency Joseph Otting

Regulators may end CRA credit for loans to wealthy: OCC’s Otting

ATLANTA — Loans to high-income earners living in lower-income neighborhoods may no longer get Community Reinvestment Act credit under a proposed revamp of...
Office of the Comptroller of the Currency

Agencies release update on capital proposal for CRE assets

WASHINGTON — The federal banking regulators issued a new proposal Friday asking for further public comment on changing the definition of a “high...
Growth over a two-year period in key categories of bank lending

Lending to nonbank lenders is growing — maybe too much

Amid warnings that the next financial crisis could be caused by rising levels of corporate debt, banking regulators have taken some comfort in...

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A wooden deck is off of a large A-frame house. There is a wooden dining set on the deck and trees in the yard.

The ultimate A-frame house asks $835K

A-frame lovers, get ready to be blown away: A four-bedroom, four-bath home in Litchfield, Connecticut, boasts not one, not two, but...
Dmitry Shkipin

Open Marketplace: kindness and gratitude – Dmitry Shkipin

Open Real Estate Marketplace is built to improve homeownership experienceSome of you already may know that HomeLight, one of the most successful referral...
Bryan Nazor

The Ins and Outs of Title Insurance and Why You Need It, According to...

The Scoop on Title Insurance and Its Benefits From Title and Real Estate Closing Expert Bryan NazorTitle insurance on a property is confusing...
memphisinvest-topturnkeycompany-customerservice

Memphis Invest Named Among Top Turnkey Companies 2019

In October, Memphis Invest was listed among Fit Small Business’ Best Turnkey Real Estate Companies in 2019. If you’re unfamiliar with Fit Small...
More first time homebuyers enlisting help from family, friends

More first time homebuyers enlisting help from family, friends

Home prices are rising with no signs of slowing, and affordability is getting worse each month, causing potential homebuyers to turn to family or even...

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