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Bolton: Wells Fargo penalty reflects too-big-to-fail plague

The Consumer Financial Protection Bureau’s latest penalty against Wells Fargo Bank reflects the unfortunate fact that the too-big-to-fail problem is alive and well, ICBA Chairman Brad Bolton wrote...

Jan 03, 2023
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Article
Too-Big-To-Fail/Systemic Risk

GSE Form 1103, fair lending requirements effective March 1

Fannie Mae and Freddie Mac are reminding lenders that they will require the Supplemental Consumer Information Form (Form 1103) for new conventional loans with application dates on or after March 1.

Jan 05, 2023
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Article
Compliance

ICBA/Travelers Deliver 21st Consecutive Dividend for Participating Community Banks

The Independent Community Bankers of America (ICBA) today announced the 21st consecutive dividend for community banks participating in the Travelers ICBA insurance program’s Policyholder Safety...

Jan 04, 2023
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Article

CFPB updates TILA thresholds

The Consumer Financial Protection Bureau issued a final rule amending the official interpretations for Regulation Z, which implements the Truth in Lending Act, to update the dollar amounts of...

Jan 03, 2023
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Article
Compliance