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Interagency Review of Foreclosure Policies and Practices

April 2011

Report to the Congress on the Office of Thrift Supervision Transition Plan

January 2011

On January 25, 2011, the Federal Reserve, OTS, Office of the Comptroller of the Currency, and FDIC issued a joint report to Congress and the Inspectors General of the participating agencies on the agencies' plans to implement the transfer of OTS authorities. (DFA Section 327)

Report to the Congress on College Credit Card Agreements

October 2010

Report in accordance with Section 305 of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD Act), which requires the Federal Reserve Board to submit an annual report that lists certain information submitted to the Board by credit card issuers concerning agreements between issuers and institutions of higher education or certain affiliated organizations that provide for the issuance of credit cards to college students.

Report to the Congress on Risk Retention

October 2010

Report submitted pursuant to section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act on the potential impact of credit risk retention requirements on securitization markets.

Report to the Congress on the Use of Credit Cards by Small Businesses and the Credit Card Market for Small Businesses

May 2010

Report in accordance with section 506 of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD Act), which requires the Federal Reserve Board to conduct a review of the use of credit cards by businesses with no more than 50 employees and of the credit card market for small businesses.

Report to the Congress on Reductions of Consumer Credit Limits Based on Certain Information as to Experience or Transactions of the Consumer

May 2010

Report in accordance with section 505 of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit CARD Act).

The Public Policy Case for a Role for the Federal Reserve in Bank Supervision and Regulation

January 2010

Buy American Act

December 2009

All federal agencies must submit an annual report to Congress detailing acquisitions of materials or goods that are manufactured outside of the U.S., that fall under the reporting requirements of the Buy American Act.

Presidential $1 Coin Program

June 2011

Reports on the Federal Reserve and the United States Mint's collaborative efforts to develop the Presidential $1 Coin Program and improve the distribution and circulation of $1 coins. Assesses the remaining obstacles to the efficient and timely circulation of $1 coins. Assesses the extent to which the goals of consultations with industry representatives, the vending industry, and other coin-accepting organizations are being met. Provides a recommendation for legislative action.

Profitability of Credit Card Operations of Depository Institutions

June 2011

Analyzes the profitability over time of depository institutions' credit card activities by examining the performance of larger institutions that specialize in such activities and of a sample of smaller commercial banks that offer a range of credit services. Also reviews trends in credit card pricing, including changes in interest rates.

Availability of Credit to Small Businesses

October 2007

Discusses recent patterns in the flows and terms of business credit, credit use by small firms, and the sources of credit provided to small businesses, with an emphasis on the lending activities of commercial banks. Credit scoring, the securitization of small business loans, and community reinvestment activities are also discussed. The October 2007 online version contains minor text corrections posted in June 2008.

Credit Scoring and Its Effects on the Availability and Affordability of Credit

August 2007

The Fair and Accurate Credit Transactions Act of 2003 directed the Federal Reserve Board and the Federal Trade Commission (FTC) to study the effects of credit scoring on credit and insurance markets and to report their findings to the Congress. The Board's report covers credit markets; the FTC has issued a separate report covering insurance. This online version contains text corrections posted in late August 2007 and corrections to selected figures posted in late February 2008.

Check Clearing for the 21st Century Act of 2003

April 2007

Reports on the effect of the Check Clearing for the 21st Century Act on the nation's check-collection system. Assesses the need for modifications to the funds-availability requirements established in and pursuant to the Expedited Funds Availability Act (EFAA). Based on the Board's extensive survey of the banking industry and supplemented with other information from official and industry sources.

Use and Counterfeiting of United States Currency Abroad, Part 3

September 2006

Reports the results of a congressionally mandated investigation by the Treasury and the Federal Reserve, which extended the work of a program developed in part to aid the March 1996 international introduction of the new-design $100 note. The investigation established new sources of information on currency use and counterfeiting abroad.

Fair Credit Reporting Act Dispute Process

August 2006

Report on the extent to which consumer reporting agencies and furnishers of information to consumer reporting agencies complied with certain requirements of the Fair Credit Reporting Act.

Practices of the Consumer Credit Industry in Soliciting and Extending Credit and their Effects on Consumer Debt and Insolvency

June 2006

Reports on the methods by which issuers of consumer credit target solicitations for credit and those to whom they will provide credit. Also discusses the effects of these practices on consumer debt and insolvency.

Efforts of the Private Sector to Implement the (Interagency Paper on Sound Practices to Strengthen the Resilience of the U.S. Financial System)

April 2006

Joint report on the efforts of private sector financial services firms covered by the Sound Practices Paper to implement enhanced business continuity plans, and the extent to which implementation has been done in a geographically dispersed manner.

Further Restrictions on Unsolicited Written Offers

December 2004

Reports on the ability of consumers to avoid (or "opt out" of) receiving written offers of credit or insurance in connection with transactions not initiated by the consumer and the potential effect on consumers of any further restrictions on providing them with such written offers of credit or insurance.

Disclosure of Point-of-Sale Debit Fees

November 2004

Reports on the disclosure of fees that a depository institution may impose when a customer chooses to secure a point-of-sale debit transaction by providing a personal identification number (PIN). Discusses the prevalence of PIN fees; the degree of compliance by depository institutions with current disclosure requirements; the adequacy of existing disclosures and the likely benefits and costs of new requirements for disclosure statements; and the feasibility of real-time disclosure.

Financial Holding Companies under the Gramm-Leach-Bliley Act

November 2003

A joint report with the Department of Treasury. Discusses the new or expanded activities conducted by financial holding companies under the Gramm-Leach-Bliley Act (GLB Act), the actions that the Board and the Secretary of the Treasury have taken to expand the activities permissible for financial holding companies, and the effect that any nonbanking mergers and acquisitions by financial holding companies under the GLB Act have had on market concentration.

Differences in Capital and Accounting Standards among the Federal Banking and Thrift Agencies

July 2003

First joint annual report. Covers the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of Thrift Supervision.

Fees and Services of Depository Institutions

June 2003

Reports on whether changes in the cost and availability of certain retail banking services are related to increases in deposit insurance premiums. Based on survey of representative sample of insured depository institutions; covers about fifty measures of fees and service availability for banks and savings associations.

Review of Regulations Affecting Online Delivery of Financial Products and Services

November 2001

Joint report with the Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and Office of Thrift Supervision, issued pursuant to section 729 of the Gramm-Leach-Bliley Act. Addresses banking regulations that affect the online delivery of financial products and services; includes relevant Federal Register publications by each agency.

Feasibility and Desirability of Mandatory Subordinated Debt

December 2000

Considers the feasibility and desirability of a mandatory subordinated debt policy for systemically important depository institutions or depository institution holding companies in accordance with provisions of the Gramm-Leach-Bliley Act. Based on the analysis and evidence presented, makes recommendations regarding using subordinated debt to increase market discipline at depository institutions and to protect the deposit insurance funds.

Markets for Small-Business- and Commercial-Mortgage-Related Securities

September 2000

Examines the structure and operation of the markets for securitized loans and commercial mortgages and the availability of credit for business enterprises. Also considers whether further legislative and administrative actions are needed in these areas.

Compliance with the National Flood Insurance Program

September 1999

Reports on state member banks' compliance with the National Flood Insurance Program for the period of July 1, 1997, to June 30, 1999. This is the final such report that is required by the Riegle Community Development and Regulatory Improvement Act of 1994.

Truth in Lending Act and the Real Estate Settlement Procedures Act

July 1998

Joint report with the Department of Housing and Urban Development (HUD) on the recommendations of the Federal Reserve and HUD to give mortgage borrowers greater information and protection under the Truth in Lending Act and the Real Estate Settlement Procedures Act (see also related testimony).

Freedom of Information Act

Reports on the administration of the Freedom of Information Act by the Board, including the number of requests processed, the volume of material furnished to the public, the exemptions claimed for the withholding of information, the appeals received, and the cost to the Board of implementing the Act.

Electronic Stored-Value Products

March 1997

Analyzes costs and benefits of applying the Board's Regulation E (which implements the Electronic Fund Transfer Act) to electronic stored-value products. Considers several alternative regulatory options.

Consumer Identifying Information and Financial Fraud

March 1997

Evaluates the availability to the public of sensitive identifying information about consumers, whether such information could be used to commit financial fraud, and if so whether such fraud poses an undue potential for risk of loss to insured depository institutions.

Home-Equity Credit

November 1996

Discusses whether the Truth in Lending Act (implemented by the Board's Regulation Z) adequately protects consumers obtaining home-equity lines of credit. Also addresses the interest rate index used to determine the applicability of the Home Ownership Equity Protection Act to certain home-secured loans.

Funds Availability and Check Fraud

October 1996

Analyzes bank losses from check fraud and whether the Congress should extend the maximum hold period on local checks under the Expedited Funds Availability Act (which is implemented by the Board's Regulation CC).

Finance Charges for Consumer Credit

April 1996

Analyzes whether the "finance charge" as defined in the Truth in Lending Act could be modified to better reflect the cost of consumer credit. Also addresses abusive refinancing practices that creditors may use to prevent consumers from exercising the right of rescission.