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OCC issues proposal on CRA general performance standards

OCC issues proposal on CRA general performance standards The OCC issued a proposed rule on Community Reinvestment Act general performance standards with a 60-day comment period. The OCC issued a...

Nov 25, 2020
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Article
Compliance Community Reinvestment Act (CRA)

FHFA raises conforming loan limits for 2021

FHFA raises conforming loan limits for 2021 The Federal Housing Finance Agency increased the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2021. The Federal...

Nov 25, 2020
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Article
Mortgage Rules

Bills would address EIDL-PPP conflict

Bills would address EIDL-PPP conflict ICBA recently expressed strong support for House and Senate legislation that would restore forgiveness for Economic Injury Disaster Loan Advance recipients who...

Nov 25, 2020
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Article
Advocacy Crisis Preparedness

CFPB updates HMDA filing guide

CFPB updates HMDA filing guide The Consumer Financial Protection Bureau released an update to its Filing Instructions Guide for HMDA data collected in 2021 and reported in 2022. The Consumer...

Nov 24, 2020
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

OCC updates rule on activities and operations

OCC updates rule on activities and operations The OCC issued a final rule designed to update or eliminate outdated regulatory requirements. The OCC issued a final rule designed to update or...

Nov 24, 2020
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Article
Regulatory Relief

Shelton nomination doesn't advance as Brooks gets OCC nod

Shelton nomination doesn't advance as Brooks gets OCC nod Judy Shelton's Federal Reserve Board nomination failed to advance in the Senate as supportive Republican Sens. Charles Grassley (Iowa) and...

Nov 18, 2020
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Article
Federal Reserve

ICBA guide details EIDL lien requirements

ICBA guide details EIDL lien requirements ICBA is reminding community bankers about the procedures for renewing or refinancing a line of credit for a borrower with an Economic Injury Disaster Loan....

Nov 18, 2020
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Article
Advocacy Crisis Preparedness Lending

Post-election briefing recording available

Post-election briefing recording available A recording of ICBA's latest Community Bank Briefing featuring a post-election and regulatory update is available for download. A recording of ICBA's...

Nov 16, 2020
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Article