BANK Wire – FDIC gives insight into exam trends

Description

Abstract: In this issue, “BANK Wire” discusses a recent article in an FDIC publication that describes some of the categories deemed to be “matters requiring board attention.” It also looks at recent actions taken by the CFPB against two banks that respectively violated the new mortgage servicing rules and deceptively advertised free checking accounts. The feature concludes with a recent survey that addresses banks’ adoption of cloud computing.