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FHFA, Treasury allow GSEs to continue retaining earnings

FHFA, Treasury allow GSEs to continue retaining earnings The Federal Housing Finance Agency and Treasury Department updated the Preferred Stock Purchase Agreements allowing Fannie Mae and Freddie...

Jan 15, 2021
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Article
Housing Finance/GSEs

FS-ISAC Coronavirus Update, Jan. 14, 2021

FS-ISAC Coronavirus Update, Jan. 14, 2021 Today's COVID-19 update from FS-ISAC has the latest from the Centers for Disease Control and Prevention, up-to-date information on the vaccine rollout, and...

Jan 14, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

PPP reopening for more lenders tomorrow

PPP reopening for more lenders tomorrow The SBA said it will reopen the Paycheck Protection Program loan portal to PPP-eligible lenders with $1 billion or less in assets at 9 a.m. (Eastern time)...

Jan 14, 2021
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Article
Advocacy Crisis Preparedness Lending

ICBA urges OCC to withdraw CRA survey

ICBA urges OCC to withdraw CRA survey ICBA and other groups called on the OCC to withdraw the CRA Information Collection Survey that was published in the Federal Register in December. ICBA and...

Jan 14, 2021
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Article
Community Reinvestment Act (CRA) Office of the Comptroller of Currency (OCC)

CFPB issues guidance on Limited English Proficiency consumers

CFPB issues guidance on Limited English Proficiency consumers The Consumer Financial Protection Bureau issued guidance that encourages financial institutions to better serve Limited English...

Jan 14, 2021
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Article
Compliance Compliance

SBA reopening for more lenders Friday

SBA reopening for more lenders Friday The Small Business Administration just announced that it will reopen the Paycheck Protection Program loan portal to PPP-eligible lenders with $1 billion or...

Jan 13, 2021
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Article
Advocacy Crisis Preparedness Lending

ICBA backs efforts to recapitalize GSEs

ICBA backs efforts to recapitalize GSEs ICBA said it strongly supports Federal Housing Finance Agency Director Mark Calabria’s efforts to fully recapitalize Fannie Mae and Freddie Mac. ICBA said it...

Jan 14, 2021
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Article
Housing Finance/GSEs

ICBA Statement on Conservatorship of Fannie Mae, Freddie Mac

ICBA Statement on Conservatorship of Fannie Mae, Freddie Mac Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued a statement on the conservatorship of Fannie Mae...

Jan 13, 2021
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Article
Federal Housing Finance Agency Housing Finance/GSEs