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FHFA responds to ICBA concerns with new credit score models

The Federal Housing Finance Agency said it is considering adjustments to its plan for transitioning Fannie Mae and Freddie Mac to new credit score models following outreach from ICBA and other groups.

Aug 09, 2023
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Article
Housing Finance/GSEs

ICBA requests 1071 relief in court filings, CFPB letter

ICBA on Friday filed a motion and complaint calling on the court to invalidate the Consumer Financial Protection Bureau’s Section 1071 final rule and enjoin the CFPB from enforcing it.

Aug 07, 2023
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Article
Consumer Financial Protection Bureau (CFPB) Compliance

Credit union acquisition of Ill. community bank will not close

A planned credit union acquisition of a community bank in Illinois will not go through, according to S&P Global.

Aug 14, 2023
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Article
Credit Unions

ICBA releases updated guide for August recess meetings

ICBA released an updated version of its “Meetings on Main Street” guide to help community bankers host members of Congress during the August congressional recess.

Aug 09, 2023
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Article
Advocacy