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FDIC Updates Consumer Compliance Examination Manual. The FDIC has updated Section V-6 of its Consumer Compliance Examination Manual, which covers the Flood Disaster Protection Act. The updates remove FDIC-specific instructions on mutual aid society plans and instead directs examiners to evaluate such plans on a case-by-case basis as set forth in 12 CFR 339.3(c)(4). View the updated manual and a redline version identifying all changes.
November 03, 2026
Federal Reserve Releases Latest Lending Survey Responses. The Federal Reserve has released the results of its latest senior loan officer opinion survey on bank lending practices. In the third quarter of 2026, responding banks tightened their lending standards for subprime mortgages, eased standards for certain jumbo mortgages, and generally maintained their standards for other residential real estate and credit card loans. Banks also tightened standards for commercial and industrial loans to small firms, while standards remained unchanged for such loans to large and middle-market firms. View the survey results.
November 03, 2026
IBA Submits Comment Letter on Proposed Digital Asset Tax Rules. The U.S. Court of Appeals for the Seventh Circuit has scheduled oral arguments for the appellate portion of the IBA’s lawsuit challenging the constitutionality of the Interchange Fee Prohibition Act. The Seventh Circuit granted the IBA and its co-plaintiffs’ request to expedite the appeal and scheduled oral arguments for January 27, 2027, at 2:00 p.m. Central. View the briefing schedule and notice of oral argument.
November 02, 2026
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