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CFPB releases 2021 HMDA guide

CFPB releases 2021 HMDA guide The Consumer Financial Protection Bureau released the 2021 Filing Instructions Guide for Home Mortgage Disclosure Act data. The Consumer Financial Protection Bureau...

Aug 24, 2020
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Article
Compliance Compliance

FINBOA Welcomes Oconee Federal Savings and Loan

FINBOA Welcomes Oconee Federal Savings and Loan Oconee Federal Savings and Loan will join a growing number of community banks nationwide who have chosen FINBOA to transform the management of Reg E...

Aug 20, 2020
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Article
Compliance

CFPB proposes "seasoned" QMs

CFPB proposes "seasoned" QMs The Consumer Financial Protection Bureau issued a notice of proposed rulemaking to create a new category of "seasoned" qualified mortgages. The Consumer Financial...

Aug 19, 2020
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Article
Compliance Compliance

ICBA calls for withdrawal of misguided GSE directives

ICBA calls for withdrawal of misguided GSE directives ICBA is calling for the Federal Housing Finance Agency and Fannie Mae and Freddie Mac to immediately rescind the decision to charge a 0.5...

Aug 17, 2020
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Article
Housing Finance/GSEs

ICBA Responds to GSE decision to impose 50bp fee on mortgage refinances

ICBA Responds to GSE decision to impose 50bp fee on mortgage refinances Plans to impose a 50 basis point fee on most refinance mortgages delivered to Fannie Mae and Freddie Mac after Sept. 1 will...

Aug 14, 2020
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Article
Housing Finance/GSEs

FinCEN issues statement on BSA enforcement

FinCEN issues statement on BSA enforcement The Financial Crimes Enforcement Network issued a statement on its approach to enforcing Bank Secrecy Act rules and regulations. The Financial Crimes...

Aug 19, 2020
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Article
Compliance Compliance

Data Show Community Banks Lead Economic Recovery

Data Show Community Banks Lead Economic Recovery The Independent Community Bankers of America today said recently released data show that community banks are the unequivocal leaders of the U.S....

Aug 19, 2020
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Article
Crisis Preparedness Lending

Improve your digital presence webinar

Improve your digital presence webinar Join us for ICBA Bancard’s webinar, presented by Fintel Connect to learn how to improve your digital presence with a campaign-driven approach to winning...

Aug 17, 2020
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Article
Marketing

Fed article explores “token-based and “account-based” digital currency distinctions

Fed article explores “token-based and “account-based” digital currency distinctions A New York Fed blog by Rod Garratt, Michael Lee, Brendan Malone, and Antoine Martin explores common distinctions...

Aug 17, 2020
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Article
Cybersecurity

Blog discusses intersection between fintech and regulation

Blog discusses intersection between fintech and regulation Unless you have been living on a desert island for the past few years, you would be hard-pressed to miss the technological revolution that...

Aug 17, 2020
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Article
Crisis Preparedness

Regulators clarify enforcement actions for BSA/AML violations

Regulators clarify enforcement actions for BSA/AML violations The federal financial regulatory agencies issued a joint statement clarifying their enforcement approach for Bank Secrecy...

Aug 17, 2020
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Article
Bank Secrecy Act/Anti-Money Laundering Act (BSA/AML)

Op-ed notes rising credit union acquisitions in the Midwest

Op-ed notes rising credit union acquisitions in the Midwest The recent purchase of West End Bank by 3Rivers Federal Credit Union last month, is part of a disturbing trend of large, billion-dollar...

Aug 14, 2020
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Article
Credit Unions

ICBA Statement on Fannie Mae/Freddie Mac Decision to Impose 50 Basis Point Fee on Mortgage Refinances

ICBA Statement on Fannie Mae/Freddie Mac Decision to Impose 50 Basis Point Fee on Mortgage Refinances The Independent Community Bankers of America today issued a statement regarding the recent...

Aug 13, 2020
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Article
Mortgage Rules Housing Finance/GSEs

ICBA kicks off ThinkTECH 3.0

ICBA kicks off ThinkTECH 3.0 ICBA announced the kickoff of its third ICBA ThinkTECH Accelerator program in partnership with The Venture Center. ICBA announced the kickoff of its third ICBA...

Aug 13, 2020
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Article

SBA issues interim final rule on loan review, updates FAQs

SBA issues interim final rule on loan review, updates FAQs The SBA released an interim final rule on appeals of SBA loan review decisions under the Paycheck Protection Program that outlines the...

Aug 12, 2020
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Article

ICBA seeks extension on ECOA RFI deadline

ICBA seeks extension on ECOA RFI deadline ICBA joined other groups urging the Consumer Financial Protection Bureau not to rush potential changes to the Equal Credit Opportunity Act. ICBA joined...

Aug 12, 2020
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Article
Lending

ICBA ThinkTECH partner named top accelerator program by Finovate

ICBA ThinkTECH partner named top accelerator program by Finovate ICBA’s ThinkTECH Accelerator partner, The Venture Center, will be recognized during the Finovate fall virtual conference in...

Aug 14, 2020
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Article

Grassroots push continues amid stimulus debate

Grassroots push continues amid stimulus debate As negotiations over the next emergency stimulus package continue, ICBA is calling on community bankers to urge needed reforms. As negotiations over...

Aug 14, 2020
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Article
Crisis Preparedness

Blog discusses intersection between fintech and regulation

Blog discusses intersection between fintech and regulation Unless you have been living on a desert island for the past few years, you would be hard-pressed to miss the technological revolution that...

Aug 13, 2020
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Article
Cybersecurity

Kennedy to FDIC: Stop companies from taking advantage of ILC loophole

Kennedy to FDIC: Stop companies from taking advantage of ILC loophole Sen. John Kennedy (R-La.) wrote to FDIC Chairman Jelena McWilliams urging her not to allow industrial loan companies to exploit...

Aug 13, 2020
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Article
Crisis Preparedness Lending