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CFPB proposes delaying debt collection rules

CFPB proposes delaying debt collection rules The Consumer Financial Protection Bureau proposed delaying the effective date of two recent debt collection rules to provide more time to comply. The...

Apr 08, 2021
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Article
Compliance Compliance

FS-ISAC Coronavirus Update, April 7, 2021

FS-ISAC Coronavirus Update, April 7, 2021 Following a dip in daily case numbers due to Easter Sunday, when many states did not report coronavirus data, a Johns Hopkins University tracker shows the...

Apr 07, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

Senate Republicans urge CBLR relief extension

Senate Republicans urge CBLR relief extension Senate Banking Committee Republicans led by Sen. Mike Crapo (R-Idaho) called on federal regulators to use their authority to extend the 8 percent...

Apr 06, 2021
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Article
Advocacy Crisis Preparedness Lending

FS-ISAC Coronavirus Update, April 8, 2021

FS-ISAC Coronavirus Update, April 8, 2021 The US is currently averaging 785 daily deaths over the last seven days - down 21% since last week, according to data compiled by Johns Hopkins University,...

Apr 08, 2021
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Article
Advocacy Operational Risk Crisis Preparedness

ICBA, Coalition Oppose New Restrictions on Fannie, Freddie

ICBA, Coalition Oppose New Restrictions on Fannie, Freddie The Independent Community Bankers of America (ICBA) and other financial, mortgage, and civil rights groups today are calling on the...

Apr 07, 2021
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Article
Housing Finance/GSEs

SBA warns of PPP funding crunch

SBA warns of PPP funding crunch The SBA is warning Congress that the recently extended Paycheck Protection Program is starting to run low on funds with nearly two months left for borrowers to...

Apr 07, 2021
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Article

ICBA urges delay in GSE product restrictions

ICBA urges delay in GSE product restrictions ICBA and other groups called on Treasury Secretary Janet Yellen and FHFA Director Mark Calabria to delay product and program restrictions for Fannie Mae...

Apr 07, 2021
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Article
Housing Finance/GSEs

ICBA backs BSA/AML relief bill

ICBA backs BSA/AML relief bill ICBA expressed support for legislation to raise the currency transaction reporting and Suspicious Activity Reporting thresholds to $30,000 and $10,000, respectively....

Apr 07, 2021
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Article
Bank Secrecy Act/Anti-Money Laundering Act (BSA/AML)