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ICBA cautions FHFA on excessive credit risk transfer reliance

ICBA said it is largely supportive of proposed amendments to the Federal Housing Finance Agency’s final capital rule, though it cautioned the agency not to allow Fannie and Freddie to become overly reliant on credit risk transfers.
November 24, 2021 | ICBA NewsWatch Today   Housing Finance/GSEs 

ICBA congratulates Powell, Brainard on Fed nominations

ICBA congratulated Federal Reserve Chairman Jerome Powell and Fed Governor Lael Brainard after President Joe Biden said he intends to nominate them for new terms at the agency.
November 23, 2021 | ICBA NewsWatch Today   Federal Reserve 

Bill would bar SBA 7(a) direct lending

Legislation to bar SBA direct lending under its 7(a) loan program was introduced amid an ICBA grassroots campaign opposing the policy.
November 23, 2021 | ICBA NewsWatch Today   Lending 

ICBA: SBA plans should include community bank role

ICBA told the SBA it should continue partnering with community banks rather than attempting to remove them from the loan origination process.
November 23, 2021 | ICBA NewsWatch Today   Lending 

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