ABA, FBA Unveil New Ads Highlighting Rep. Murphy’s Support for Small Biz
ABA and the Florida Bankers Association today began running new voter education ads thanking Rep. Stephanie Murphy (D-Fla.) for her...
Policy
State Associations Urge FHFA Director to Rescind “Ill-Advised” Refi Fee
Fifty-one state bankers associations wrote to Federal Housing Finance Agency Director Mark Calabria today urging him to rescind the 50...
Senators Raise Concerns Over GSE Refinance Fee
A group of Democratic senators today wrote to FHFA Director Mark Calabria raising concerns about a recent announcement that Fannie...
DOL Issues Interim Final Rule on Lifetime Income Illustrations
The Department of Labor today issued an interim final rule implementing section 203 of the bipartisan Secure Act of 2019 requiring that...
ABA, Trade Groups Urge Oregon Governor to Not Extend Emergency Mortgage Law
ABA joined six financial, housing and consumer groups in a letter to Oregon Gov. Kate Brown urging her to allow...
ABA Supports Bipartisan Bill to Extend COVID-19 Relief to USDA RD Borrowers
ABA today welcomed the bipartisan Rural Equal Aid Act, which would provide six months of payment relief for borrowers using...
ABA Recommends Focus for Congressionally Mandated CECL Study
As the deadline for an ABA-advocated, congressionally mandated Treasury Department study of the current expected credit loss standard looms, ABA...
ABA to CFPB: Extend ‘GSE Patch’ Six Months Past QM Final Rule
ABA yesterday welcomed the Consumer Financial Protection Bureau’s proposal to extend the temporary “GSE patch”—which grants Qualified Mortgage status to...
Fed Issues Large Bank Capital Requirements
The Federal Reserve today issued individual capital requirements, taking effect Oct. 1, for banks with more than $100 billion in...
Nichols Op-Ed: Brokered Deposit Law ‘Woefully Outdated’
While the coronavirus pandemic has accelerated digital banking and deposit-taking, outdated laws stand in the way of a modern regulatory...
