Sen. Toomey to Speak at ABA Washington Summit
Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) has been added to the speaker lineup for ABA’s Washington Summit, a...
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ABA Offers Feedback on Potential Changes to GSE Housing Goals
In a letter to the Federal Housing Finance Agency today, the American Bankers Association cautioned against using housing goals for...
ABA Supports Appraisal Modernization for Fannie, Freddie
The American Bankers Association today offered feedback to the Federal Housing Finance Agency on appraisal-related policies and practices for Fannie...
Kansas Law Creates Tax Exemption for Interest Income on Ag Real Estate Loans
Kansas Gov. Laura Kelly yesterday signed into law a bill that will help ensure greater parity at the state level...
ABA Data Bank: Deposits Rise by a Record 22.6% in 2020
The banking sector experienced an unprecedented inflow of deposits in 2020 that continued through the fourth quarter that was fueled...
Consumer Sentiment Falls in February
Consumer Sentiment fell in February to 76.8 according to the University of Michigan Consumer Sentiment Index. February’s figure is 24...
Trade Groups Call for Funding for USDA B&I Loan Program in COVID-19 Relief Bill
The American Bankers Association joined three other trade groups in a letter to House Rules Committee leaders this week urging...
Durable Goods Orders Increased 3.4% in January
New orders for manufactured durable goods in January increased $8.5 billion or 3.4% to o $256.6 billion, the U.S. Census...
Agencies Update BSA/AML Examination Manual
The Federal Financial Institutions Examination Council today released updates to its Bank Secrecy Act/anti-money laundering examination manual.
Agencies Find Increased Credit Risk in SNC Program
The federal banking agencies found increased credit risk in the Shared National Credit portfolio—a bundle of large, syndicated bank loans...
