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Senate hearing next week on stablecoins

Senate hearing next week on stablecoins The Senate Banking Committee scheduled a hearing for next week on the President’s Working Group on Financial Markets report on stablecoins. The Senate...

Feb 11, 2022
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Article
Digital Assets Technology

CFPB issues QM fact sheet on certain adjustable-rate loans

The Consumer Financial Protection Bureau released a fact sheet on the interest rate used to calculate prepaid interest for qualified mortgages under the price-based General QM definition.

Feb 24, 2022
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Article
Compliance

CFPB launches review of automated appraisal models

The Consumer Financial Protection Bureau released an outline of options to strengthen oversight of computer models used to help determine home valuations.

Feb 24, 2022
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Article
Compliance

ICBA offers America Saves Week resources

ICBA’s Tell Your Story Marketing and Communications Toolkit offers a customizable news release and social media graphics to help community banks recognize America Saves Week this week.

Feb 23, 2022
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Article
Community Bank Awareness

OCC issues FAQs on CRA rescission

The OCC issued responses to frequently asked questions about its December 2021 final rule that rescinded its June 2020 Community Reinvestment Act rule and reinstated the 1995 interagency CRA rule.

Feb 23, 2022
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Article
Compliance Community Reinvestment Act (CRA)

ICBA Provides Savings Tips for Consumers During America Saves Week, Feb. 21-25

During America Saves Week, the Independent Community Bankers of America (ICBA) offers consumers savings tips as they work towards building a secure financial future.

Feb 22, 2022
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Article
Community Bank Awareness

What to know about crossing a CRA asset threshold

A new ICBA issue brief breaks down what community banks need to know about moving into a new Community Reinvestment Act asset-size categorization.

Feb 22, 2022
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Article
Community Reinvestment Act (CRA)

Executive order on crypto policy coming next week: report

The Biden administration is reportedly expected to release an executive order on regulating digital assets next week.

Feb 18, 2022
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Article
Digital Assets Technology