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FHFA rescinds upfront fees based on debt-to-income ratio

The Federal Housing Finance Agency rescinded its previously announced upfront fees for certain borrowers with a debt-to-income ratio above 40%.

May 12, 2023
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Article
Compliance

ICBA Commends FDIC for Exempting Community Banks from Special Assessment

ICBAPresident and CEO Rebeca Romero Rainey issued the following statement on today’s Federal Deposit Insurance Corporation proposed rule on special assessments for the resolutions of Silicon Valley...

May 11, 2023
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Article
Deposit Insurance

ICBA Strongly Supports Bipartisan ACRE Act Offering Tax Relief for Rural Lending

The Independent Community Bankers of America (ICBA) today expressed its strong support for the House introduction of the Access to Credit for our Rural Economy (ACRE) Act (H.R. 3139) to support...

May 10, 2023
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Article
Agriculture Rural Development

House panel to consider draft bills on agency transparency following bank failures

The House Financial Services Committee today will hold a hearing on several draft bills to increase transparency at federal banking regulators following the recent failures of several large banks.

May 10, 2023
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Article
Deposit Insurance