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OCC updates booklet on branch closings

The OCC issued the “Branch Closings” booklet of the Comptroller’s Licensing Manual. The revised booklet replaces the booklet of the same title issued June 2017, makes corrections where...

Feb 08, 2023
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Article
Compliance

ICBA Rejects President Biden’s Misleading Remarks on ‘Junk Fees’ During State of the Union Address

Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on President Joe Biden’s State of the Union address.

Feb 07, 2023
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Article
Overdraft Services

FHA Single Family Housing Policy Feedback: Single Family Mortgagee Letter - Borrower Request for Review of Appraisal Results

ICBA called on the Department of Housing and Urban Development to clarify lender obligations under draft guidance on borrower requests for Reconsideration of Value, or ROV, of appraised properties...

Feb 03, 2023
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Article
Mortgage Lending Housing Finance/GSEs

ICBA: CFPB credit card proposal misrepresents community bank model

ICBA raised concerns with a new Consumer Financial Protection Bureau proposed rule on credit card late fees and the bureau’s mischaracterizations of community bank credit card lending.

Feb 02, 2023
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Article
Credit Cards