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SBA issues resources as PPP fully reopens today

SBA issues resources as PPP fully reopens today The SBA over the weekend issued additional resources on the Paycheck Protection Program, which will fully open to all participating lenders today The...

Jan 19, 2021
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Article
Advocacy Crisis Preparedness Lending

CISA issues guides with cyber best practices

CISA issues guides with cyber best practices The Cybersecurity and Infrastructure Security Agency issued new guides for federal agencies with best practices that can apply throughout the commercial...

Jan 19, 2021
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Article
Cybersecurity

CFPB issues compliance guide for debt collection rule

CFPB issues compliance guide for debt collection rule The Consumer Financial Protection Bureau issued a new small entity compliance guide summarizing the October 2020 debt collection rule. The...

Jan 19, 2021
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Article
Compliance Compliance

NCUA seeks expanded powers for CUSOs

NCUA seeks expanded powers for CUSOs The National Credit Union Administration issued a proposed rule that would expand credit union service organizations' permissible services and activities to...

Jan 15, 2021
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Article
Credit Unions

FHFA, Treasury allow GSEs to continue retaining earnings

FHFA, Treasury allow GSEs to continue retaining earnings The Federal Housing Finance Agency and Treasury Department updated the Preferred Stock Purchase Agreements allowing Fannie Mae and Freddie...

Jan 15, 2021
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Article
Housing Finance/GSEs

FS-ISAC Coronavirus Update, Jan. 14, 2021

FS-ISAC Coronavirus Update, Jan. 14, 2021 Today's COVID-19 update from FS-ISAC has the latest from the Centers for Disease Control and Prevention, up-to-date information on the vaccine rollout, and...

Jan 14, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

PPP reopening for more lenders tomorrow

PPP reopening for more lenders tomorrow The SBA said it will reopen the Paycheck Protection Program loan portal to PPP-eligible lenders with $1 billion or less in assets at 9 a.m. (Eastern time)...

Jan 14, 2021
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Article
Advocacy Crisis Preparedness Lending

ICBA urges OCC to withdraw CRA survey

ICBA urges OCC to withdraw CRA survey ICBA and other groups called on the OCC to withdraw the CRA Information Collection Survey that was published in the Federal Register in December. ICBA and...

Jan 14, 2021
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Article
Community Reinvestment Act (CRA) Office of the Comptroller of Currency (OCC)