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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.

Jan 05, 2023
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Article
Compliance

ICBA/Travelers Deliver 21st Consecutive Dividend for Participating Community Banks

The Independent Community Bankers of America (ICBA) today announced the 21st consecutive dividend for community banks participating in the Travelers ICBA insurance program’s Policyholder Safety...

Jan 04, 2023
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Article

CFPB updates TILA thresholds

The Consumer Financial Protection Bureau issued a final rule amending the official interpretations for Regulation Z, which implements the Truth in Lending Act, to update the dollar amounts of...

Jan 03, 2023
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Article
Compliance

Romero Rainey: ICBA, community bankers stand together in 2022

ICBA President and CEO Rebeca Romero Rainey said ICBA and community bankers this year proved once again to be effective advocates in Washington.

Dec 23, 2022
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Article
Community Bank Awareness Interchange Lending

Boston Fed, MIT end CBDC research project

The Federal Reserve Bank of Boston and MIT concluded their joint Project Hamilton research project into the technical feasibility of a potential U.S. central bank digital currency.

Dec 23, 2022
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Article
Digital Assets Technology

Toomey bill would allow Fed master accounts for stablecoin issuers

Retiring Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) introduced legislation on stablecoin regulation, contributing to the debate over crypto oversight that will resume during the...

Dec 23, 2022
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Article
Digital Assets

CFPB adjusts asset-size thresholds

The Consumer Financial Protection Bureau issued three annual threshold adjustment final rules.

Jan 03, 2023
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Article
Compliance

ICBA response to New York climate proposal making news

ICBA’s pushback against New York State Department of Financial Services proposed guidance on climate risk is making headlines.

Dec 23, 2022
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Article
Climate