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FDIC nominee: Community banks are the lifeblood of many communities

The Biden administration’s nominee for FDIC chair—Christy Goldsmith Romero—told Congress she gained a great appreciation for community banks during her time at the Office of the Special...

Jul 12, 2024
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Article

Input on FHLBank system mission review due Monday

Monday is the deadline for community bankers and others to submit comments on the Federal Housing Finance Agency’s request for input on the mission of the Federal Home Loan Bank System.

Jul 12, 2024
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Article
Federal Home Loan Banks (FHLB) Federal Housing Finance Agency

CFPB proposes mortgage servicing rule

The Consumer Financial Protection Bureau issued a proposed rule to amend mortgage servicing rules under Regulation X.

Jul 11, 2024
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Article
Consumer Financial Protection Bureau (CFPB)

CFPB says it will consider eliminating credit card late fee safe harbor

The Consumer Financial Protection Bureau said it plans to assess whether to eliminate the credit card late fee safe harbor under Regulation Z.

Jul 10, 2024
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Article
Consumer Financial Protection Bureau (CFPB) Compliance Credit Cards