OCC preempts state interest-on-escrow laws for regulated banks
OCC-regulated banks may set escrow interest and fee terms under federal law
OCC
6 briefs
OCC codifies escrow-account authority for real-estate lending
Banks may set real-estate escrow terms under OCC’s codified authority
OCC preempts Illinois interchange-fee restrictions for national banks
National banks may treat Illinois interchange-fee limits as preempted
OCC clarifies national banks’ authority over non-interest fees
National banks may charge non-interest and interchange fees under OCC’s clarified authority
US agencies lower community bank leverage ratio to 8%
Community banks must use an 8% leverage threshold for CBLR eligibility
US banking agencies replace model-risk guidance with risk-based supervisory framework
Bank model-risk teams must remap governance, validation and vendor controls to the revised supervisory baseline