By Fed Newswire | Aug 5, 2008
News Release: The Federal Reserve Board on Tuesday published its annual adjustment of the dollar amount of fees that triggers additional disclosure requirements under the Truth in Lending Act for home mortgage loans that bear rates or fees above a certain amount.
By Fed Newswire | Jul 31, 2008
News Release: The Federal Reserve Board on Thursday announced the approval of an application by International Bank of Azerbaijan, Baku, Azerbaijan, to establish a representative office in New York, New York.
By Fed Newswire | Jul 30, 2008
News Release: The Federal Reserve today announced several steps to enhance the effectiveness of its existing liquidity facilities, including the introduction of longer terms to maturity in its Term Auction Facility. In association with this change, the European Central Bank and the Swiss National Bank are adapting the maturity of their operations.
By Fed Newswire | Jul 29, 2008
News Release: On July 28, 2008, the Federal Reserve conducted an auction of $75 billion in 28-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 2.350 percent Total propositions submitted: $90.555 billion Total propositions accepted: $75.000 billion Bid/cover ratio: ...
By Fed Newswire | Jul 28, 2008
News Release: On July 28, 2008, the Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility. Additional information regarding the auction is listed below; the auction will be conducted as specified in this announcement, Regulation A, and the terms and conditions of the Term Auction Facility (www.federalreserve.gov/monetarypolicy/taf.htm).
By Fed Newswire | Jul 25, 2008
News Release: The Federal Reserve Board on Friday announced the issuance on June 16, 2008 of a consent Order to Cease and Desist against First National Bank Holding Company, Scottsdale, Arizona.
By Fed Newswire | Jul 25, 2008
News Release: The Federal Reserve Board on Friday announced the execution of a Written Agreement by and among Capital Corp of the West, Merced, California, a registered bank holding company, its subsidiary bank, County Bank, Merced, California, a state-member bank, and the Federal Reserve Bank of San Francisco.
By Fed Newswire | Jul 23, 2008
News Release: The Federal Reserve Board on Wednesday announced the approval of an application by Andhra Bank, Hyderabad, India, to establish a representative office in Jersey City, New Jersey.
By Fed Newswire | Jul 22, 2008
News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings on May 19 and June 23, 2008.
By Fed Newswire | Jul 16, 2008
News Release: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on June 24-25, 2008. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the June 24-25, 2008 meeting is also included as an addendum to these minutes.
By Fed Newswire | Jul 15, 2008
News Release: On July 14, 2008, the Federal Reserve conducted an auction of $75 billion in 28-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 2.300 percent Total propositions submitted: $93.344 billion Total propositions accepted: $75.000 billion Bid/cover ratio: ...
By Fed Newswire | Jul 15, 2008
News Release: The Federal Reserve Board has approved amendments to Appendix A of Regulation CC that reflect the restructuring of the Federal Reserve's check processing operations in the First and Third Districts.
By Fed Newswire | Jul 15, 2008
News Release: The federal banking and thrift agencies today issued final guidance outlining the supervisory review process for banking organizations implementing the new advanced capital adequacy framework known as Basel II. The final guidance relating to supervisory review is aimed at helping banking organizations meet certain qualification requirements in the advanced approaches rule, which took effect April 1.
By Fed Newswire | Jul 14, 2008
News Release: On July 14, 2008, the Federal Reserve will offer $75 billion in 28-day credit through its Term Auction Facility. Additional information regarding the auction is listed below; the auction will be conducted as specified in this announcement, Regulation A, and the terms and conditions of the Term Auction Facility (www.federalreserve.gov/monetarypolicy/taf.htm).
By Fed Newswire | Jul 14, 2008
News Release: The Federal Reserve Board on Monday announced the execution of a Written Agreement by and among KCB Bank, Kearney, Missouri, the Federal Reserve Bank of Kansas City, and the Missouri Division of Finance. A copy of the Written Agreement is attached.
By Fed Newswire | Jul 14, 2008
News Release: The Federal Reserve Board on Monday approved a final rule for home mortgage loans to better protect consumers and facilitate responsible lending. The rule prohibits unfair, abusive or deceptive home mortgage lending practices and restricts certain other mortgage practices. The final rule also establishes ...
By Fed Newswire | Jul 13, 2008
News Release: The Board of Governors of the Federal Reserve System announced Sunday that it has granted the Federal Reserve Bank of New York the authority to lend to Fannie Mae and Freddie Mac should such lending prove necessary. Any lending would be at the primary credit rate and collateralized by U.S. government ...
By Fed Newswire | Jul 8, 2008
News Release: The federal banking and thrift agencies today issued an interagency statement outlining the qualification process for banking organizations implementing the new advanced capital adequacy framework known as Basel II. The process consists of three major stages: adoption of an implementation plan; completion ...
By Fed Newswire | Jul 7, 2008
News Release: Securities and Exchange Commission Chairman Christopher Cox and Board of Governors of the Federal Reserve System Chairman Ben Bernanke today signed a memorandum of understanding (MOU) between the two agencies that will deepen their information sharing and cooperation, permitting both agencies to better perform their responsibilities.
By Fed Newswire | Jul 1, 2008
News Release: The Federal Reserve will conduct two auctions of 28-day credit through its Term Auction Facility (TAF) in July. It will offer $75 billion in an auction to be held on Monday, July 14, and $75 billion in an auction to be held on Monday, July 28.
