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Office of the Comptroller of the Currency

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Top Office of the Comptroller of the Currency Articles

Displaying items 13-24
  • Somali expats fear bank curbs on sending money home

    NEW YORK (Reuters) - (This story, first published on 27 June 2014, is corrected in paragraphs 23-25 to delete statement that Dahabshiil has no arrangements with banks in Britain, also to change date of Barclays announcement to May 2013 from April and to...
  • Pump prices likely to dip this week

    Gas prices Gas prices in South Florida are expected to keep declining this week, as concerns recede over supply disruptions in Iraq. But prices spikes could occur later this hurricane-season, should a storm in the Gulf of Mexico affect oil refineries...
  • TRLPC: U.S. leveraged buyout loans may reflect Fed, OCC disparities

    NEW YORK (Reuters) - Scrutiny by U.S. regulators is reshaping the leveraged loan market as bankers complain that the Office of the Comptroller of the Currency enforces leveraged lending guidance more stringently than the Federal Reserve. U.S....
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  • Banking regulators launch broad review of financial rules

    Banking regulators launch broad review of financial rules
    Three of the nation's financial regulators on Wednesday launched a broad effort to identify rules that are unnecessary or too burdensome for banks. Under a 1996 law, the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the...
  • Feds put out false stats on mortgage fraud

    In front of news cameras, federal authorities have talked tough about combating mortgage fraud. But behind closed doors, some FBI offices didn't even list mortgage fraud as a top priority, and the Department of Justice repeatedly promoted inflated...
  • Spending deal reduces budget requests for Wall Street watchdogs

    Spending deal reduces budget requests for Wall Street watchdogs
    WASHINGTON -- The $1-trillion federal spending bill unveiled by congressional negotiators significantly reduces White House requests for funding of two key Wall Street watchdogs. The Securities and Exchange Commission would get $1.35 billion for the...
  • Freddie Mac: Mortgage rates fall again, with 30-year averaging 4.32%

    Freddie Mac: Mortgage rates fall again, with 30-year averaging 4.32%
    Fixed mortgage rates fell for the fourth week in a row following the release of weaker housing data, according to Freddie Mac, which said lenders were offering 30-year fixed home loans to solid borrowers this week at an average of 4.32%. The Freddie Mac...
  • Lawmakers want Fed board to approve big bank enforcement actions

    Lawmakers want Fed board to approve big bank enforcement actions
    WASHINGTON -- Reflecting concerns that government settlements with big banks haven't been tough enough, two Democratic lawmakers want the Federal Reserve board to approve all major enforcement actions. Sen. Elizabeth Warren of Massachusetts and Rep....
  • Microsoft says goodbye to Windows XP operating system

    Microsoft Corp. is finally pulling the plug on a piece of technology that has refused to go away. On Tuesday, the software giant will stop supporting Windows XP, the still ubiquitous computer operating system that's been around for almost 13 years, an...
  • Another complaint about Capital One bafflegab

    Another complaint about Capital One bafflegab
    Maybe Capital One should take a course in remedial English. The credit card issuer seems to be having a tough time communicating relatively simple ideas. Betty Rome, for example, would be thousands of dollars wealthier now had Cap One expressed itself...
  • Best option for underwater homeowner may be letting condo go

    By Ilyce Glink and Samuel J. Tamkin Q: In May 2005, I bought a condo in Miami for $385,000, with $140,000 down and the rest on a 6 percent, 30-year fixed-rate mortgage. Then I went through a lengthy divorce and ended up with title to the condo. Suffice...