FHFA Establishes GSE Strategic Goals for 2021-2024
The Federal Housing Finance Agency today issued its strategic plan for 2021-2024.
Browsing: Coronavirus
Using Technology to Improve Health and Safety in the Branch
Banks will win clients during and following the pandemic by providing in-person experiences that combine smart health protections, engaging personal interactions and useful technology enhancements.
Americans Prioritize Saving Since Start of Pandemic
A majority of American have prioritized saving money since the start of the pandemic, according to a new report from Regions Bank.
Fed Survey: Household Financial Conditions Improve Since July, Uncertainty Remains
Household financial conditions improved in July from April but uncertainties about layoffs and returning to work remain, according to a new report the Federal Reserve released today.
ABA Data Bank: Two in Three Banks Implemented or Upgraded Tech to Serve Customers’ Needs, Enable Remote Work
The top four technologies that banks implemented or upgraded as a result of the COVID-19 pandemic.
ABA, 51 State Bankers Associations Urge Treasury, SBA to Streamline PPP Forgiveness
The American Bankers Association and 51 state bankers associations today urged the Treasury Department and the Small Business Administration to create a streamlined a Paycheck Protection Program loan forgiveness process.
ABA, Trade Groups Urge Lawmakers to Support Bills to Streamline PPP Loan Forgiveness
With Congress deadlocked on a COVID-19 relief bill, the American Bankers Association and more than 100 financial service, business and nonprofit trades today urged lawmakers to pass standalone Paycheck Protection Program loan forgiveness legislation that would streamline the process for small business borrowers.
Federal Reserve Issues Scenarios for Second Round of Stress Tests
The Federal Reserve today released two hypothetical economic and financial market scenarios that it will use in the next round of bank stress tests for the nation’s largest financial institutions.
Report: Mortgage Market Strong Heading Into COVID-19 Pandemic
The mortgage market was “stable and robust” in the lead up to the coronavirus outbreak…
Managing an AML Program During COVID-19
Effective anti-money laundering compliance processes during challenging times require team collaboration, committing to communication and paying attention to guidance.