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Farmer Mac Reports 2017 Results and Announces 61% Dividend Increase

Mar 8, 2018 | NewsWatch Today
The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today announced its results for the fiscal quarter and year ended December 31, 2017, which included $1.6 billion in net new business volume growth that brought total outstanding business volume to $19.0 billion as of December 31, 2017.

Bureau Raises Regulation C Thresholds

Jan 3, 2018 | NewsWatch Today
The Bureau raised the HMDA Regulation C asset-size threshold from $44 million to $45 million as of Dec. 31, 2017.

CFPB Issues HMDA Resources

Jan 3, 2018 | NewsWatch Today
CFPB launches HMDA Check Digit Tool & Rate Spread Calculator

Servicemember Foreclosure Sunset Date Extended

Dec 15, 2017 | NewsWatch Today
Military personnel will receive certain protections under the Servicemembers Civil Relief Act through Dec. 31, 2019, due to legislation signed into law on Tuesday.

Jelena McWilliams Nominated for FDIC Chairman

Dec 1, 2017 | NewsWatch Today
President Donald Trump nominated Jelena McWilliams for chairman of the FDIC.

Labor Department Extends Fiduciary Rule Deadline

Nov 28, 2017 | NewsWatch Today
ICBA filed a lawsuit on behalf of community banks against Equifax Inc. for its breach of 145.5 million consumer records and 209,000 payment cards

Equifax Breach Could Affect 143M Consumers

Sep 8, 2017 | NewsWatch Today
Equifax reported a data breach that could potentially affect 143 million U.S. consumers.

ICBA-Backed Escrow Relief Bill Gets Hearing

Sep 8, 2017 | NewsWatch Today
The House Subcommittee on Financial Institutions and Consumer Credit took up ICBA-supported legislation to provide needed regulatory relief for mortgage loans held and serviced by community banks.

Home Depot Class Action Deadline Next Week

Sep 7, 2017 | NewsWatch Today
The deadline for banks to file a claim in the Home Depot class-action settlement is next Thursday, Sept. 14.

FAQs Emphasize Scalability of New Accounting Standard

Sep 7, 2017 | NewsWatch Today
Federal regulators released updated Frequently Asked Questions on the Financial Accounting Standards Board’s Current Expected Credit Loss standard.

Agencies Issue Joint Statement on Hurricane Irma

Sep 7, 2017 | NewsWatch Today
Federal and state banking regulators said they will provide regulatory assistance to institutions affected by Hurricane Irma.

ICBA Advocates Timely NFIP Reauthorization

Sep 7, 2017 | NewsWatch Today
ICBA called on Congress to ensure a timely reauthorization of the National Flood Insurance Program that avoids unnecessary market disruptions.