Thirty-nine students graduated last night from ABA’s School of Bank Marketing and Management in Atlanta. A total of 108 students attended the school, which included in-person classroom training, inter-session assignments and executive decision-making simulations designed not only to help bank marketers and managers better understand the basics of financial marketing but to position graduates to make valuable contributions to their banks’ business strategies. Learn more.
Twenty-three senators from both parties have signed a joint letter expressing their support for the CDFI Fund after President Trump directed the program to scale back staffing and operations.
OFAC issued a final rule extending recordkeeping requirements for certain transactions from five to 10 years to make them consistent with the recently expanded statute of limitations for sanctions violations.
ABA and five associations said they continue to have serious concerns about the planned implementation of new credit score requirements for single-family loans acquired by Fannie Mae and Freddie Mac.
The OCC has created a new page on its website with resources to help community banks meet their digitalization objectives.
The FHA issued a mortgagee letter rescinding three appraisal policies concerning fair housing considerations, part of what the agency said was a Trump administration effort to reduce regulation.
SSA announced a plan to reduce costs and enhance its Electronic Consent Based Social Security Number Verification, which allows financial institutions and other permitted entities to verify Social Security information.
