OCC

Members of Congress thought the Dodd-Frank Act had resolved the controversy over preemption — the legal doctrine whereby the Office of the Comptroller of the Currency (OCC) can declare which state consumer laws national banks do not need to...

The Office of the Comptroller of the Currency (OCC) issued guidance to national banks on prepaid access programs.

The OCC noted in its recent bulletin (OCC 2011-27) that repaid access products are the fastest growing area in the payments...

The Office of the Comptroller of the Currency (OCC) issued a bulletin (OCC 2011-29) to clarify the agency’s expectations for the oversight and management of mortgage foreclosure activities by national banks of all sizes and their...

The U.S. Court of Appeals for the 11th Circuit provided an early, and very limited, look at preemption in the post-Dodd-Frank era in a May 11 court ruling. Baptista v. JP Morgan Chase Bank, No. 6:10-cv-139.

The Office of the Comptroller of the Currency (OCC) recently alerted bank CEOs, Technology Service Providers (TSPs), and examining personnel of the need for national banks and their TSPs to ensure their enterprise risk management is sufficiently...

Banks must be careful when implementing any asset-swap plan intended to get nonperforming loans off their books.

In a recent bulletin (OCC 2011-10), the regulator noted that weak economic conditions have led to an increase in...

Banks challenging the Federal Reserve Board’s proposed limits on debit card interchange fees have won two unusual allies. Both the Office of the Comptroller of the Currency (OCC) and the Consumer Federation of America (CFA) have written comment...

Just as the income tax season approaches, the Office of the Comptroller of the Currency (OCC) has forced a national bank to cease making refund-anticipation loans (RALs) in conjunction with tax-preparation giant H&R Block. The latter firm...

The Office of the Comptroller of the Currency (OCC) entered into a settlement agreement, on April 19, with T Bank, N. A., Dallas, Texas, directing the bank to make $5.1 million in restitution to over 60,000 consumers adversely affected by its...

Dugan sees three standards as necessary for mortgage lending in the U.S. — and around the world, for that mater.

The OCC issued Bulletin 2009-27 to alert bank CEOs and compliance officers to revisions in its “Other Consumer Protection Laws and Regulations” booklet.

The 4-1 vote by the Board of Directors of the FDIC on May 22 to adopt a final rule establishing a special assessment may have brought sighs of relief from the banking industry but it sparked an unusual dissent from Comptroller of Currency John Dugan.

The OCC’s latest Community Development Insights publication describes how banks are working to dispose of foreclosed properties.

The nixed a plan to allow big credit card banks would to forgive a portion of the principle owed without taking an immediate write-down.

As the agencies released their 2007 HMDA data, Comptroller of the Currency John Dugan called for more data from big banks to make HMDA statistics more useful.

New Orleans — Comptroller of the Currency John C. Dugan said today that the present turmoil in credit markets should not distract bankers and lenders from the important priority of fair lending.

In a highly unusual move, the OCC urged its fellow regulators to water down their proposed credit card protections. Consumer advocates are aghast.

The OCC adopted an interim rule to speed the implementation of the Housing and Economic Recovery Act’s revision to national banks’ authority to make public welfare investments.

OTS Director John Reich has outlined steps that are necessary to restore confidence in financial institutions.

Sure, credit quality is a huge issue these days. But Comptroller of the Currency John Dugan is telling his examiners not to focus on safety and soundness to the exclusion of compliance matters.