• Comptroller Dugan Leaves Office August 14.

Recent OCC Appointments

• John Walsh Becomes Acting Comptroller of the Currency
• OCC Names Karen Solomon as Deputy Chief Counsel
• Stephen A. Lybarger Named Deputy Comptroller for Licensing
• OCC Names Carolyn DuChene Deputy Comptroller for Operational Risk Policy
• OCC Announces Appointment of Ted Wartell as Community Affairs Policy Director

Outreach

Reaching Minority Banks

• OCC will participate in the National Bankers Association 83^rd Annual Conference San Juan, Puerto Rico October 5-8, 2010
  
  
• At the NBA conference, speak with Glenda Cross, OCC's Senior Advisor for External Outreach and Minority Affairs, and/or visit the OCC's exhibit booth.

Reaching Minority Consumers and Businesses

• So far in 2010, the OCC has participated in five national conferences and one regional conference:
  • 81^st LULAC National Convention & Exposition Albuquerque, New Mexico
  • 2010 NCLR Annual Conference San Antonio, Texas
    
    
• At the LULAC and NCLR Conferences, the OCC displayed public service announcements that air on Univision as part of the OCC's literacy campaign with the nation's largest Hispanic media company.
  • NAACP 101^st Annual Convention Kansas City, Missouri
  • National Urban League Centennial Conference Washington, DC
  • Omega Psi Phi, 76^th Grand Conclave Regional Conference Raleigh, NC
  • Congressional Black Caucus 40th Annual Legislative Conference Washington, DC

• The OCC held a financial education seminar for nearly 90 participants of the Washington Internships for Native Students Program, on June 4. Seminar topics included budgeting, savings accounts, and credit.

• OCC Bulletin (2010-32): Alternatives to the Use of Credit Ratings in OCC Regulations: Advance Notice of Proposed Rulemaking

  OCC seeks comment on two rule makings regarding alternatives to the use of credit ratings in OCC regulations, as required in the Dodd-Frank Wall Street Reform and Consumer Protection Act.

• OCC Survey Finds Bank Underwriting Standards Remain Tight
• OCC National Appeals Process Ensures Fairness in Bank Supervision

Legislative News

• Congress Passes Financial Reform Bill
• Small Business Lending: Meeting the Credit Needs of Creditworthy Small Business Borrowers
• Senior Deputy Comptroller Testifies on the Supervision of National Banks
• Senior Deputy Comptroller Testifies on the State of Loan Modifications
• OCC Deputy Comptroller Testifies on Responsible Lending

The Community Reinvestment Act (CRA) Update

• OCC Releases CRA Evaluations for 15 National Banks
• OCC Releases CRA Evaluations For 39 National Banks
• OCC Issues Fourth Quarter 2010 CRA Examination Schedule
• CRA Regulatory Hearings - Federal financial regulators recently completed a series of hearings on the Community Reinvestment Act. Learn more about the hearings.

Interagency News

• OCC 2010-30, "Reverse Mortgages: Interagency Guidance," dated August 16, 2010.
  Summary: Guidance addresses the compliance and reputation risks associated with reverse mortgage products. Financial institutions must inform consumers on the risks and benefits of these complex loans.
  
  
• Federal Agencies Issue Final Rules to Implement S.A.F.E. Act Requirements for Registration of Mortgage Loan Originators

• Current Job Openings at the OCC
• OCC Workshops for Community Bank Directors
• National Bank Appeals Process Brochure
• Community Affairs Financial Literacy Update
• FFIEC BSA/AML Examination Manual
• Past Issues of OCC Highlights