Search Results

• Opportunities Exist to Enhance the Board's Oversight of Future Complex Enforcement Actions
  4.2 million borrowers based on possible harm and to provide other foreclosure...4.2 million borrowers. This enforcement approach involved multiple mortgage
  URL: https://oig.federalreserve.gov/reports/board-fu...
• Executive Summary: The CFPB Can Strengthen Contract Award Controls and Administrative Processes
  $524.4 million in total obligations. We sampled and assessed 27 of 164...2) improve the CFPB's contract file documentation, and (3) improve the
  URL: https://oig.federalreserve.gov/reports/cfpb-con...
• Opportunities Exist to Enhance Management Controls Over the CFPB's Consumer Complaint Database
  2) consistently publish untimely company closing responses in the Consumer...4 19 Develop approaches for monitoring company closing responses to ensure
  URL: https://oig.federalreserve.gov/reports/cfpb-man...
• Enforcement Actions and Professional Liability Claims Against Institution-Affiliated Parties and Individuals Associated with Failed Institutions
  4. Assess key factors that may impact the pursuit of EAs and PLCs. 2 As...4. Regulators' Responses .............................................
  URL: https://oig.federalreserve.gov/reports/board-ac...
• Former United Commercial Bank Chief Credit Officer Convicted of Securities and Other Corporate Fraud after Trial
  2 FBI Special Agent in Charge David J. Johnson added, “The FBI, Special...4
  URL: https://oig.federalreserve.gov/releases/news-un...
• Executive Summary: The Board's Implementation of Enterprise Risk Management Continues to Evolve and Can Be Enhanced
  2) steps taken to cultivate a risk culture that aligns the risk management...2: Establishment of an Optimal Governance Structure and Reporting Relationships
  URL: https://oig.federalreserve.gov/reports/board-im...
• Executive Summary: The Bureau Can Improve Its Controls for Issuing and Managing Interagency Agreements
  2) IAAs are in the best interest of the federal government. Invoice approvers...2) accepting or rejecting payments, and (3) deobligating funds and closing
  URL: https://oig.federalreserve.gov/reports/bureau-c...
• Opportunities Exist to Enhance the Onsite Reviews of the Reserve Banks' Wholesale Financial Services
  $4 trillion daily. The Dodd-Frank Wall Street Reform and Consumer Protection...4 Finding: The FMI Oversight Group Needs to Formalize Its Policies and
  URL: https://oig.federalreserve.gov/reports/board-wh...
• MANHATTAN U.S. ATTORNEY ANNOUNCES CRIMINAL CHARGES AGAINST OWNER OF $161 MILLION FRAUDULENT INTERNET PAYDAY LENDING ENTERPRISE
  2 being as a result of this conspiracy. Today, we issue a stop payment...4 Mr. Bharara praised the investigative work of the FBI and the Federal
  URL: https://oig.federalreserve.gov/releases/Moseley...
• The Board Should Enhance Its Policies and Procedures Related to Conference Activities
  4 11 Amend the food and beverage request form to Management Division include...4 Finding 1: Procurement Section Should Ensure That Requirements Are Met
  URL: https://oig.federalreserve.gov/reports/board-po...