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Credit union hearing push intensifies
Credit union hearing push intensifies ICBA is encouraging community bankers to call on Congress to hold hearings on credit union acquisitions of taxpaying community banks. ICBA is encouraging...
IRS issues Employee Retention Credit guidance
IRS issues Employee Retention Credit guidance The IRS issued guidance for employers claiming the Employee Retention Credit for the first and second quarters of 2021. The IRS issued guidance for...
CFPB ‘warns’ mortgage servicers about foreclosure wave
CFPB ‘warns’ mortgage servicers about foreclosure wave The Consumer Financial Protection Bureau “warned” mortgage servicers to take all necessary steps to prevent a wave of foreclosures this fall....
Senate bill would tax capital gains at time of death
Senate bill would tax capital gains at time of death Sen. Chris Van Hollen (D-Md.) and several other Democratic senators this week introduced legislation that would require estates to pay capital...
FinCEN begins implementing new reporting provisions
FinCEN begins implementing new reporting provisions The Financial Crimes Enforcement Network is seeking public comment by May 5 on implementing new beneficial ownership information requirements....
Agencies issue 2020 HMDA data
Agencies issue 2020 HMDA data Regulators released 2020 Home Mortgage Disclosure Act Loan Application Register data for approximately 4,400 HMDA filers. Annual loan-level LAR data for each HMDA...
CFPB proposes servicing changes to prevent foreclosures
CFPB proposes servicing changes to prevent foreclosures The Consumer Financial Protection Bureau proposed a set of rules changes to prevent foreclosures as emergency protections expire. The...
ICBA backs estate tax repeal bill
ICBA backs estate tax repeal bill ICBA and other groups thanked Sen. John Thune (R-S.D.) and Reps. Jason Smith (R-Mo.) and Sanford Bishop (D-Ga.) for introducing legislation to permanently repeal...