OCC Issues Fourth Quarter 2010 CRA Examination Schedule

September 2, 2010 By: Office of Comptroller of the Currency

WASHINGTON — The Office of the Comptroller of the Currency (OCC) has released its schedule of Community Reinvestment Act (CRA) examinations to be conducted in the fourth quarter of 2010.

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Stabilizing Neighborhoods: Lessons Learned from the Field

September 2, 2010 By: Federal Reserve Board Governor Elizabeth A. Duke

Good morning. I want to welcome you to the Federal Reserve Board for this two-day summit to examine the problems associated with vacant and abandoned property and to explore innovative approaches to neighborhood stabilization.

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17,000 people attend loan-modification marathon in West Palm Beach

September 1, 2010 By: Palm Beach Post - FL

WEST PALM BEACH — The Neighborhood Assistance Corp. of America is finishing up its five-day mortgage modification event tonight with about 31 percent of homeowners walking out with a new lower monthly loan payment

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FDIC Issues Fourth Quarter 2010 CRA Examination Schedule

August 31, 2010 By: FDIC

The Federal Deposit Insurance Corporation (FDIC) has issued the public list of institutions that it has scheduled for a Community Reinvestment Act (CRA) examination during the fourth quarter of 2010. This list is published pursuant to revised CRA regulations published in May 1995 that require each f...

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TD Bank Mobile App Available for iPhone and Android Devices

August 31, 2010 By: TD Bank

CHERRY HILL, N.J. and PORTLAND, Maine -- TD Bank, America's Most Convenient Bank®, has announced that its free mobile app is now available to download onto iPhone® and Android™ devices. The mobile banking app is free, secure and easy to use. Customers can download the app from iTunes® App Store, or...

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It’s Not Over Until It’s in the Rules

August 30, 2010 By: Gretchen Morgenson, NY Times

NOW for the heavy lifting. Having passed the Dodd-Frank Act earlier this summer, the bill that aspires to reorder our financial universe in the wake of the most serious economic crisis in generations, Congress has moved on to other matters. Regulators are left to write the rules that will make finan...

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Federal Reserve to sponsor neighborhood stabilization summit - Sept 1 & 2

August 30, 2010 By: Federal Reserve

The Federal Reserve System will sponsor a national summit on September 1 and 2 to discuss methods and resources for encouraging neighborhood stabilization in the aftermath of the U.S. home mortgage foreclosure crisis. The forum will showcase findings from Federal Reserve research and policy efforts,...

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Report on Fannie, Freddie counters assumption

August 27, 2010 By: Washington Post

A report Thursday by the federal regulator overseeing Fannie Mae and Freddie Mac put a new wrinkle in a common explanation for why the mortgage giants collapsed and could complicate efforts to restructure them.

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Mortgage Rates for 30-Year Loans Decline to Record 4.36%, Freddie Mac Says

August 27, 2010 By: Bloomberg

U.S. mortgage rates fell to a record, extending a two-month tumble in borrowing costs for homebuyers as property demand slumps. The average rate for a 30-year fixed mortgage dropped to 4.36 percent in the week ended today from 4.42 percent, Freddie Mac said in a statement. That was the lowest si...

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FDIC Offers Tips for Keeping Costs Down on Checking and Savings Accounts

August 27, 2010 By: FDIC

New rules limit the fees banks and other financial institutions can charge on some services, so it's possible that the costs of other services, such as checking and savings accounts, could go up. The Summer 2010 issue of FDIC Consumer News, published by the Federal Deposit Insurance Corporation, fea...

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