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FRB

Q2 2017 Sees Significant Decrease In Civil Penalties and Consumer Relief

CFPB  •  DOJ  •  Enforcement Trends  •  FCA/FIRREA  •  FRB  •  HUD  •  OCC  •  State AGs
In the second quarter of 2017, Consumer Enforcement Watch tracked 40 enforcement actions taken against consumer financial service providers. This represents a marginal decrease from the 46 enforcement actions taken against consumer financial service providers […]

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Federal Reserve Board Announces Settlement Agreements with Two Regional Banks for Alleged Violations of the National Flood Insurance Act

Flood Insurance  •  FRB
On November 24,​ the Board of Governors of the Federal Reserve System announced the execution of two settlement agreements in enforcement actions against two regional banks concerning alleged violations of the National Flood Insurance Act (“NFIA”), 42 U.S.C. § 4012a(f)(4).  The Board of Governors asserted that where […]

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