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ICBA Urges FHFA, Banking Agencies to Align Capital Rules

ICBA today called on the Federal Housing Finance Agency and the federal banking regulators to align their capital rules to avoid penalizing community banks for supporting local communities during...

Nov 01, 2022
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Article
Mortgage Lending U.S. Department of Housing and Urban Development (FHA/HUD) Housing Finance/GSEs

CFPB kicks off personal financial data rights rulemaking

The CFPB issued a discussion guide which outlined options to strengthen consumers’ access to, and control over, their financial data as a first step before issuing a proposed data rights rule that...

Oct 28, 2022
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Article
Compliance

ICBA: Biden Administration's Flawed Remarks on Overdraft Are Misleading and Dangerous to Community Banks and The Customers They Serve

ICBA President and CEO Rebeca Romero Rainey issued this statement following the release of overdraft protection guidance from the Consumer Financial Protection Bureau (CFPB), along with related...

Oct 26, 2022
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Article
Consumer Financial Protection Bureau (CFPB) Agencies/Regulators  Compliance

Court rules CFPB funding structure unconstitutional

A federal appeals court ruled that the Consumer Financial Protection Bureau's funding method is unconstitutional.

Oct 21, 2022
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Article
Compliance