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CFPB: federal rules apply to contract-for-deed arrangements
The Consumer Financial Protection Bureau issued an advisory opinion and research report on contracts for deed, a form of home seller financing.
IRS forms coalition to combat growing scams
The Internal Revenue Service announced it has formed a coalition with state tax agencies and the tax industry to combat the growth of scams and schemes threatening taxpayers and tax systems.
CFPB withdraws ICBA-opposed proposal on non-sufficient-funds fees
The Consumer Financial Protection Bureau withdrew its proposed rule to restrict the use of non-sufficient-funds fees, as advocated by ICBA.
ICBA guidebook on CFPB’s 1033 rule spotlights ongoing advocacy
ICBA recently released its Open Banking Guidebook detailing the Consumer Financial Protection Bureau’s final rule implementing Section 1033 of the Dodd-Frank Act.
ICBA urges CFPB to halt informal regulatory actions
In light of President Donald Trump’s Jan. 20 executive order freezing new rulemaking activity, ICBA urged the Consumer Financial Protection Bureau to stop issuing new informal regulatory actions.
CFPB extends compliance dates for 1071 rule
The Consumer Financial Protection Bureau issued an interim final rule to extend compliance deadlines for its 1071 small-business rule following a Supreme Court ruling that ended a temporary...
ICBA Congratulates Jonathan McKernan on CFPB Director Nomination
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on President Donald Trump’s nomination of Jonathan McKernan to serve as...
ICBA Thanks Russell Vought for Serving as Acting CFPB Director
ICBA President and CEO Rebeca Romero Rainey issued the following statement on President Donald Trump’s designation of Office of Management and Budget Director Russell Vought as acting director of...
CFPB extends 1071 compliance deadlines
The Consumer Financial Protection Bureau published an interim final rule to extend its 1071 small-business reporting rule’s compliance and reporting dates.
ICBA supports bill to scrap CFPB’s 1071 rule
ICBA expressed strong support for new legislation to overturn the Consumer Financial Protection Bureau’s small-business data collection and reporting requirements under Section 1071 of the...
CFPB seeks to vacate ‘unlawful’ 1033 rule
The Consumer Financial Protection Bureau asked a federal court to vacate its 1033 rule on consumer data security and privacy, saying the rule is unlawful.
ICBA Commends House for Passing Resolution to Scrap CFPB’s Onerous Small-Business Reporting Rule
ICBA today commended the House for passing a bipartisan, ICBA-advocated resolution (S.J.Res.32) to nullify the CFPB’s Section 1071 small-business data collection and reporting requirements and...
ICBA Supports CFPB Approval of Project to Improve Mortgage Disclosures
ICBA today expressed support for the Consumer Financial Protection Bureau’s approval of ICBA’s proposed template to improve mortgage disclosures required under TILA-RESPA Integrated Disclosure...
ICBA urges CFPB to expand 1033 exemption for community banks
ICBA called on the Consumer Financial Protection Bureau to exempt from its 1033 rule requirements all community banks with assets $10 billion and under.
ICBA discusses 1033 rulemaking in meeting with CFPB
Senior ICBA staff met with Consumer Financial Protection Bureau leaders to discuss its Section 1033 rulemaking on sharing consumer financial data.
CFPB’s 1071 rule again paused by court in ICBA case
A U.S. court of appeals temporarily paused the Consumer Financial Protection Bureau’s 1071 small-business rule and extended its compliance deadlines until further notice, as advocated by ICBA.
ICBA supports resolutions to scrap CFPB overdraft rule
ICBA expressed support for a new congressional effort to invalidate the Consumer Financial Protection Bureau’s final rule on overdraft protection programs, saying it is a deeply flawed and harmful...
ICBA Statement on the CFPB’s Proposed Rule to Implement Section 1033 Standards on Sharing Consumer Financial Data
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s Consumer Financial Protection Bureau proposed rule to implement...
CFPB releases new 1033 proposal on sharing consumer financial data
The Consumer Financial Protection Bureau released an advance notice of proposed rulemaking to collect information on how it should implement Section 1033 standards on sharing consumer financial data.
CFPB confirms plan to issue new rule on 1071
The Consumer Financial Protection Bureau reiterated that the agency’s new leadership has directed staff to initiate a new Section 1071 rulemaking.