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New polling indicates consumer opposition to Durbin Amendment expansion

The Electronic Payments Coalition released new polling conducted by Morning Consult indicating that consumers across all income levels are benefiting from credit card rewards to help make ends meet...

Feb 09, 2023
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Article
Interchange Lending

OCC updates booklet on branch closings

The OCC issued the “Branch Closings” booklet of the Comptroller’s Licensing Manual. The revised booklet replaces the booklet of the same title issued June 2017, makes corrections where...

Feb 08, 2023
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Article
Compliance

ICBA Rejects President Biden’s Misleading Remarks on ‘Junk Fees’ During State of the Union Address

Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on President Joe Biden’s State of the Union address.

Feb 07, 2023
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Article
Overdraft Services

FHA Single Family Housing Policy Feedback: Single Family Mortgagee Letter - Borrower Request for Review of Appraisal Results

ICBA called on the Department of Housing and Urban Development to clarify lender obligations under draft guidance on borrower requests for Reconsideration of Value, or ROV, of appraised properties...

Feb 03, 2023
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Article
Mortgage Lending Housing Finance/GSEs