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ICBA pressing PPP relief in hearing statement

ICBA pressing PPP relief in hearing statement ICBA today is repeating its call for a simplified Paycheck Protection Program forgiveness process in a statement for a House subcommittee hearing. ICBA...

Sep 25, 2020
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Article
Advocacy Crisis Preparedness Lending

IRS: Lenders shouldn't report PPP loan forgiveness

IRS: Lenders shouldn't report PPP loan forgiveness The IRS issued guidance clarifying that lenders should not file information returns or furnish payee statements to report the amount of qualifying...

Sep 25, 2020
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Article

FHFA again extends forbearance purchases

FHFA again extends forbearance purchases The Federal Housing Finance Agency said Fannie Mae and Freddie Mac will extend from Sept. 30 to Oct. 31 the deadline on buying qualified loans in...

Sep 25, 2020
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Article
Federal Housing Finance Agency

ICBA supports FDIC program for third-party compliance

ICBA supports FDIC program for third-party compliance ICBA said it supports an FDIC standard-setting organization and voluntary certification program that would ease the process of vetting and...

Sep 23, 2020
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Article
Compliance