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ICBA to SBA: Don’t Add Unregulated Fintechs to Federal Loan Program
ICBA reiterated its call for the Small Business Administration to maintain its long-standing moratorium on the number of non-federally regulated institutions, including nonbank fintech companies,...
Banking agencies issue new crypto guidance
Federal banking regulators issued a statement highlighting key crypto risks for banking organizations and describing the agencies’ approaches to supervision in this area.
Bolton: Wells Fargo penalty reflects too-big-to-fail plague
The Consumer Financial Protection Bureau’s latest penalty against Wells Fargo Bank reflects the unfortunate fact that the too-big-to-fail problem is alive and well, ICBA Chairman Brad Bolton wrote...
GSE Form 1103, fair lending requirements effective March 1
Fannie Mae and Freddie Mac are reminding lenders that they will require the Supplemental Consumer Information Form (Form 1103) for new conventional loans with application dates on or after March 1.