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Biden signs omnibus with ICBA-advocated fixes

President Joe Biden formally signed into law the $1.5 trillion government funding omnibus with ICBA-advocated provisions related to the SBA’s 504 loan program and LIBOR.

Mar 16, 2022
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Article
Compliance Lending

ICBA testifying tomorrow on PPP

ICBA is scheduled to testify before Congress at 10 a.m. (Eastern time) tomorrow, March 16, on community bank leadership in Paycheck Protection Program lending.

Mar 15, 2022
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Article

CFPB encourages Homeowner Assistance Fund participation

The Consumer Financial Protection Bureau encouraged mortgage servicers to sign up for Homeowner Assistance Fund programs to help homeowners avoid foreclosure.

Mar 15, 2022
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Article
Mortgage Rules

FS-ISAC: Global cyber threats to accelerate

FS-ISAC said the rapid digitization of the financial services sector has led to an increase in global cyber threats in 2021, specifically cyberattacks targeting third-party suppliers and critical...

Mar 14, 2022
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Article
Cybersecurity Data Security/Fraud Technology

U.S., other nations announce new actions against Russia

The White House announced a new round of international actions against Russia following the invasion of Ukraine.

Mar 14, 2022
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Article
Data Security/Fraud

ICBA to Congress: SBA Direct Lending Would Undermine Successful Programs

ICBA today told Congress that community banks are critical to the success of Small Business Administration lending programs, which should not be undermined by instituting direct SBA lending under...

Mar 16, 2022
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Article

ICBA testifying today on PPP, other SBA programs

ICBA is scheduled to testify before Congress at 10 a.m. (Eastern time) today on community bank leadership in lending under the Paycheck Protection Program and other Small Business Administration...

Mar 16, 2022
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Article

FDIC rescinds pandemic-era Part 363 reporting relief

The FDIC rescinded guidance providing coronavirus-affected financial institutions extra time to file annual reports under Part 363 of the agency's regulations.

Mar 16, 2022
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Article
Advocacy Crisis Preparedness