ABA, Advocacy Groups Call for Changes to QM Framework Ahead of ‘GSE Patch’ Expiration
ABA joined a broad coalition of financial industry stakeholders, civil rights groups and other advocacy organizations in a letter to...
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Appellate Court Finds GSE Net Worth Sweep, FHFA Structure Unconstitutional
The full Fifth Circuit Court of Appeals on Friday found that the so-called net worth sweep—in which the Federal Housing...
ABA’s Nichols Unpacks Key Banking Issues in New Podcast
In an interview with economist Andy Busch on the Engage podcast, ABA President and CEO Rob Nichols outlined priority banking...
Fed Proposes Risk-Based Capital Requirements for Insurance Firms It Oversees
The Federal Reserve today proposed to establish risk-based capital requirements for the eight depository institution holding companies it oversees that...
IRS Proposes Regulations with Important Servicing, Card Fee Guidance
The Internal Revenue Service has issued two sets of proposed regulations that address the timing of income inclusion under section...
ABA Data Bank: Consumers’ Positive Opinion of Banking Industry Reaches 12-Year High
In a recent Gallup poll, 50% of consumers rated the banking industry positively, and 16% rated it very positively, the...
FASB Proposes Guidance to Ease Libor Transition
As banks work to reduce their dependence on the London Interbank Offered Rate, the Financial Accounting Standards Board yesterday proposed...
Treasury, HUD Issue Housing Finance Reform Recommendations
The Treasury Department today issued a much-anticipated blueprint for housing finance reform that includes providing explicit and paid-for federal government...
Fed’s Quarles Floats Potential Changes to Stress Capital Buffer Proposal
The Federal Reserve is considering further refinements to its stress capital buffer proposal in response to industry calls for greater...
Gallup: Consumers Continue to View Banking Sector Favorably
Fifty percent of recent respondents in a recent Gallup poll rated the banking industry favorably, the highest figure since 2007...
