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FHFA plans stakeholder forums on new credit score models

The Federal Housing Finance Agency said it will hold stakeholder forums and listening sessions in the coming weeks on its plans to transition Fannie Mae and Freddie Mac to new credit score models.

Sep 13, 2023
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Article
Compliance Federal Housing Finance Agency

ICBA Statement on Swearing-in of Federal Reserve Board Members

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on today’s swearing-in of members of the Federal Reserve Board.

Sep 14, 2023
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Article
Federal Reserve Agencies/Regulators 

FS-ISAC spotlights MinIO threat targeting corporate networks

The Financial Services Information Sharing and Analysis Center’s latest weekly risk summary covers an unknown threat actor exploiting vulnerabilities in the MinIO Object Storage system to remotely...

Sep 13, 2023
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Article
Cybersecurity

Rakuten credit union application confirmed following ICBA outreach

The National Credit Union Administration reportedly confirmed that Rakuten Inc. has applied for a federal credit union charter after ICBA asked the agency for confirmation.

Sep 11, 2023
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Article
Credit Unions