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ICBA: FHFA credit score modernization effort missing key elements
The Federal Housing Finance Agency's Credit Score Models and Reports Initiative is overly complex, costly to consumers, and missing key requirements for a successful transition, ICBA and other...
ICBA, groups express support for CDFI Fund in letter to Congress
ICBA and other groups expressed strong support for the Community Development Financial Institutions Fund in a letter to the bipartisan Senate Community Development Finance Caucus.
Fed maintains rates
The Federal Open Market Committee voted to maintain target interest rates at a range of 4.25% to 4.5%.
What community banks need to know about the Fedwire ISO 20022 switch
The latest Independent Banker magazine spotlights what community bankers need to know about the Fedwire Funds Service’s conversion to the ISO 20022 message format.
ICBA shares CDFI track record with Treasury following executive order
Following President Donald Trump’s executive order directing the Treasury Department to eliminate the non-statutory components of the CDFI Fund, ICBA highlighted the critical role that CDFI...
ICBA strongly supports nomination of Michelle Bowman for Fed vice chair for supervision
ICBA expressed its strong support for President Donald Trump’s nomination of Federal Reserve Governor Michelle Bowman for vice chair for supervision at the Fed—as advocated by ICBA.
Executive order restricts CDFI Fund to statutory functions
President Donald Trump issued an executive order restricting the Community Development Financial Institutions Fund and some other federal programs to their statutory components and functions.
ICBA congratulates Pulte, details housing finance priorities
ICBA congratulated new Federal Housing Finance Agency Director Bill Pulte on his confirmation and laid out its key concerns related to housing finance policies.