Delinquent GSE Mortgages Fall in Q1
The number of home loans backed by Fannie Mae and Freddie Mac that are 60 or more days past due...
SBA Issues Proposal to Increase Oversight of 7(a) Loan Program
The Small Business Administration today issued a proposed rule to implement recent ABA-supported legislation to strengthen the agency’s oversight of...
Rep. McHenry Presses Fed for More Guidance on Libor Transition
House Financial Services Committee Ranking Member Patrick McHenry (R-N.C.) wrote to Federal Reserve Vice Chairman for Supervision Randal Quarles this...
OCC Rescinds Guidance, Issues ‘Core Principles’ on Higher-LTV Loan Programs
Acknowledging banks’ innovative efforts to meet the credit needs of residents in distressed communities, the OCC today rescinded 2017 guidance...
Fed to Maintain Interest Rates but Signals Shift in Sentiment
The Federal Open Market Committee announced yesterday that it would maintain the target range for the federal funds rate at...
FASB to Provide Relief on Libor Transition
As banks prepare to make the transition away from the London Interbank Offer Rate as a benchmark interest rate, the...
International Coalition Releases Guidance on Supply Chain Finance
The Global Supply Chain Finance Forum—which includes BAFT, ABA’s global transaction banking subsidiary—today released a new guidance document on receivables...
Podcast: A $4 Billion Bank’s Nationwide Affordable Housing Strategy
As banks across the country mark American Housing Month in June, the ABA Banking Journal Podcast sat down with Michael...
ABA Provides Feedback to ERISA Advisory Council on Improving Financial Statement Audit Process
The American Bankers Association today provided feedback to the ERISA Advisory Council (which reports to the Department of Labor) on...
FSB Finds Banks Making Strides on Executive Compensation Practices
Bank boards are more active in overseeing executive compensation, and a broader range of units within banks have input into...
