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...
Policy
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...
ABA, Trade Groups Warn Congress Against Potential SBA 7(a) Program Shutdown
As part of the Small Business Access to Capital Coalition, ABA called on congressional leaders to address a potential funding...
As NCUA Contemplates Rulemaking, Bankers Raise Concerns about CUs Buying Banks
The National Credit Union Administration will propose a rule clarifying credit unions’ responsibilities when acquiring banks, NCUA Chairman Rodney Hood...
ABA, BPI: Rakuten ILC Application ‘Inconsistent’ with FDIC Standards
The application by Rakuten—a major Japanese e-commerce company—for deposit insurance for its prospective U.S. bank subsidiary does not meet requirements...
ABA Joins FDX to Advance Industry-Led Data-Sharing Standard
ABA has joined the Financial Data Exchange, the exchange announced today.
ABA Urges Changes to HVCRE Land Development Loan Proposal
The federal banking agencies’ June proposal to clarify the regulatory capital treatment of land development loans for single-family homes does...
WSJ Spotlights ABA’s Political Engagement Efforts
As the 2020 election cycle gears up, an article today in the Wall Street Journal (subscription required) highlighted ABA’s political...
ABA’s McKechnie: Proposed HSA Legislation Would Offer Seniors More Flexibility
As seniors struggle with healthcare costs, a recent bipartisan bill introduced by Reps. Ami Bera (D-Calif.) and Jason Smith (R-Mo.)...
