FHFA ends SPCPs supported by Fannie and Freddie
This directive, which is effective immediately, is a significant policy shift and will affect banks with mortgage-based SPCPs.
Tag: credit
Harnessing the Power of AI in Credit Decisioning
SPONSORED CONTENT PRESENTED BY nCino The one constant in the financial industry landscape will always be change. When it comes ...
ABA, CBA urge New York City to withdraw proposed debt collector rule
ABA and the Consumer Bankers Association urged a New York City agency to withdraw a proposed rule to expand the ...
BAFT, TFG launch a comprehensive Letter of Credit guide
BAFT—ABA's global transaction banking subsidiary—and the business-to-business financial technology firm Trade Finance Global announced a jointly produced guide on Letters ...
Agricultural lenders’ top concerns for 2024
Lenders still expect borrower profitability to remain relatively elevated this year.
ABA Regulatory Compliance Inbox: Does Section 1071 of the Dodd-Frank Act define when banks must collect demographic information?
The bank’s first request for information may not be made simultaneous with or after notifying the applicant of action taken.
