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Tag Archives: Board of Governors of the Federal Reserve System

Government Agencies Request Banks Be Gentle With Borrowers

afraid alone

The Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, and National Credit Union Administration are all asking banks and lenders to be gentle with borrowers. The agencies are encouraging financial institutions to work with customers affected by the federal government shutdown. They say, “Prudent workout ... Read More »

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