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Regulators propose standards for automated valuation models

Federal regulators requested public comment on a proposed rule designed to implement quality control standards for automated valuation models, or AVMs, used by mortgage originators and secondary...

Jun 02, 2023
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Article
Compliance

Regulators Offer Insights, Input and Guidance on the Growth of Community Bank Innovation at ICBA ThinkTECH’s Regulator Day

Recognizing the need to prioritize and foster ongoing engagement between regulators and the community banking technology community, the Independent Community Bankers of America (ICBA) today hosted...

Jun 01, 2023
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Article

Community bank Q1 net income up 6.1% from a year ago

Community banks reported a 6.1% first-quarter increase in net income from a year ago and a 4.2% decline from the previous quarter, according to the FDIC’s latest Quarterly Banking Profile.

Jun 01, 2023
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Article
Community Bank Awareness

Campaign on CFPB’s 1071 rule continues

With the House still planning to take up a resolution to nullify the Consumer Financial Protection Bureau’s Section 1071 data-collection rule, ICBA continues calling on community bankers to urge...

Jun 01, 2023
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Article
Compliance