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CFPB: Debt collection rules effective Nov. 30
CFPB: Debt collection rules effective Nov. 30 The Consumer Financial Protection Bureau said two final rules issued under the Fair Debt Collection Practices Act will take effect as planned on Nov....
House committee advances LIBOR, de novo bills
House committee advances LIBOR, de novo bills The House Financial Services Committee this week advanced key ICBA-supported LIBOR and de novo bills. The House Financial Services Committee advanced...
SBA issues rule to expedite PPP forgiveness
SBA issues rule to expedite PPP forgiveness The SBA issued an interim final rule designed to speed up the forgiveness process for Paycheck Protection Program loans of $150,000 or less. The SBA...
Groups join ICBA opposition to IRS reporting proposal
Groups join ICBA opposition to IRS reporting proposal ICBA and a broad coalition of business groups expressed strong opposition to a proposal that would require financial institutions to report...
Jenna Burke Joins ICBA Government Relations Department as Senior Vice President and Senior Regulatory Counsel
Jenna Burke Joins ICBA Government Relations Department as Senior Vice President and Senior Regulatory Counsel The Independent Community Bankers of America announced today the hire of Jenna Burke as...
Agencies extend foreclosure moratoria
Agencies extend foreclosure moratoria The federal government extended the moratorium on single-family real estate owned evictions until Sept. 30 for Fannie Mae, Freddie Mac, the Federal Housing...
Op-ed targets justification for IRS reporting plan
Op-ed targets justification for IRS reporting plan A new Morning Consult op-ed raises questions about the Treasury Department’s estimated tax revenue increase from its proposal to expand...
Lawmakers to CFPB: Consider impact of 1071 reporting
Lawmakers to CFPB: Consider impact of 1071 reporting House Financial Services Committee Republicans called on the Consumer Financial Protection Bureau to consider the impact on small institutions...
CFPB launches tool to help renters, landlords access federal assistance
CFPB launches tool to help renters, landlords access federal assistance The Consumer Financial Protection Bureau released an online tool to help renters and landlords affected by the pandemic find...
Idaho Bankers Association Endorses ICBA Securities
Idaho Bankers Association Endorses ICBA Securities ICBA Securities Inc., the broker-dealer subsidiary of the Independent Community Bankers of America has received the endorsement of the Idaho...
ICBA, Business Coalition Oppose IRS Reporting Proposal
ICBA, Business Coalition Oppose IRS Reporting Proposal The Independent Community Bankers of America and a broad coalition of business groups today expressed strong opposition to a Treasury...
Gensler: SEC regs apply to securities-backed crypto assets
Gensler: SEC regs apply to securities-backed crypto assets Securities and Exchange Commission Chair Gary Gensler said securities regulations apply to platforms that offer crypto tokens or other...
ICBA to Congress: Don’t raise g-fees for infrastructure funding
ICBA to Congress: Don’t raise g-fees for infrastructure funding ICBA and other organizations called on Senate infrastructure negotiators to refrain from using Fannie Mae and Freddie Mac guarantee...
OCC to propose rescinding CRA rule
OCC to propose rescinding CRA rule The OCC said it will propose rescinding its May 2020 Community Reinvestment Act rule and work with other agencies on a joint rulemaking. The OCC said it will...
CFPB settlement sets Sept. 30 deadline for 1071 proposal
CFPB settlement sets Sept. 30 deadline for 1071 proposal A lawsuit on the Consumer Financial Protection Bureau’s implementation of small-business data collection and reporting rules determined that...
FHFA eliminates ICBA-opposed GSE fee
FHFA eliminates ICBA-opposed GSE fee ICBA welcomed the Federal Housing Finance Agency’s announcement that it will eliminate an ICBA-opposed fee on refinance loans delivered to the...
CFPB cautions consumers on ‘buy now, pay later’
CFPB cautions consumers on ‘buy now, pay later’ The Consumer Financial Protection Bureau recently published a blog post for consumers on buy-now-pay-later credit. The Consumer Financial Protection...
ICBA launches fintech investment fund
ICBA launches fintech investment fund ICBA is forming BankTech Ventures, an investment fund designed to accelerate technology opportunities and adoption at community banks. ICBA is forming BankTech...
Nacha launches program for returning unemployment benefits
Nacha launches program for returning unemployment benefits Nacha launched an opt-in program to facilitate the return and recovery of potentially fraudulent unemployment benefits originally paid by...
ICBA: Postal banking designed to fail
ICBA: Postal banking designed to fail Postal banking is a risky venture for which the U.S. Postal Service is ill suited, ICBA told Congress in its latest issue brief. Postal banking is a risky...