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Fed’s Bowman: CBDC benefits remain unclear
Federal Reserve Governor Michelle Bowman said she has yet to see a compelling argument that a U.S. central bank digital currency could address payments system problems more effectively,...
New blog post: Crypto concerns renew digital assets policy debate
A new ICBA blog post recaps the significant upheaval in the digital assets market over the past year and what it means for Washington’s response.
FHFA’s Thompson addresses rise in enterprise repurchase requests
Federal Housing Finance Agency Director Sandra Thompson recognized mortgage lenders’ concerns with rising repurchase requests from Fannie Mae and Freddie Mac, though she said requests have declined...
ICBA plan to promote mortgage affordability makes news
ICBA’s joint proposal to reduce mortgage rates by an estimated 100 to 150 basis points is making news.
FHFA expands ‘rep and warrant’ relief to loans with COVID-19 forbearance
The Federal Housing Finance Agency said it will revise the treatment of active single-family mortgages backed by Fannie Mae and Freddie Mac for which borrowers elected a COVID-19 forbearance under...
FHFA issues new set of appraisal data
The Federal Housing Finance Agency published a new set of data points and trends found in appraisal reports.
The Community Bankers Association of Kansas endorses CRA Partners
The Community Bankers Association of Kansas recently endorsed CRA Partners as a means to help reduce incidents of crime in area nursing homes, while offering banks the opportunity to earn CRA credit.
CFTC charges head of failed crypto bank with fraud
The Commodity Futures Trading Commission charged the former head of failed crypto brokerage firm Voyager Digital with fraud and registration failures in connection with the digital asset platform.