House committee advances ABA-backed bills on fair credit liability, check fraud
The House Financial Services Committee advanced legislation that would align Fair Credit Reporting Act liability with other financial consumer protection...
Newsbytes
Acquisitions announced of banks in three states
Proposed acquisitions announced of banks in Michigan, South Carolina and Massachusetts.
FinCEN issues alert on fuel smuggling schemes linked to Mexican cartels
FinCEN issued a supplemental alert for financial institutions on suspicious activity connected to Cartel de Jalisco Nueva Generacion and other...
Consumer confidence rose in June
The Consumer Confidence Index was 91.2 in June, up from a downwardly revised 90.6 in May, the Conference Board said.
OCC releases mortgage performance report for Q1 2026
The OCC released the first quarter 2026 mortgage metrics report, which showed that 97.7% of first-lien mortgages in the federal...
ABA Foundation unveils new ‘Unlocking Homeownership’ resources
The ABA Foundation announced the release of new free resources as part of its Unlocking Homeownership campaign, which equips banks...
ABA DataBank: Steady home values support household financial strength
Because home equity is a key driver of household balance sheets and consumer spending, stable home prices help support credit...
Agencies release 2026 list of CRA-eligible communities
The federal banking agencies released the 2026 list of certain geographies where certain bank activities are eligible for Community Reinvestment...
House advances ABA-backed bill to reauthorize Terrorism Risk Insurance Program
The House passed legislation to reauthorize the Terrorism Risk Insurance Act program, which Congress created after the September 2001 terrorist...
OFAC launches online portal for sanctions reconsideration requests
OFAC launched a new online “reconsideration portal” for the submission of requests to be removed from an OFAC sanctions list....
