NewsWatch Today

The Consumer Financial Protection Bureau said it will host a hearing next week on medical billing and collections issues, including medical credit cards and installment loans.

ICBA's Independent Banker magazine announced in the July issue its rankings of the top community bank loan producers based on 2022 FDIC data.

ICBA continues calling on community bankers to use its Be Heard grassroots resource center to urge their members of Congress to oppose legislation to impose routing mandates on credit card transactions.

Nominations for Independent Banker magazine’s 2023 Best Community Banks to Work For awards are due this week.

The Consumer Financial Protection Bureau is now accepting applications for membership on the Community Bank Advisory Council and other advisory committees through July 16.

The Consumer Financial Protection Bureau indicated it will focus on the use of artificial intelligence in loan underwriting and will take enforcement action if algorithmic underwriting models create a disparate impact on borrowers.

The Cybersecurity and Infrastructure Security Agency launched a CyberSentry threat detection and monitoring capability with critical infrastructure partners.

ICBA continues calling on community bankers to use its Be Heard grassroots resource center to urge their members of Congress to oppose legislation to impose routing mandates on credit card transactions among other resolutions.

The FDIC announced the retirement of John Conneely following a nearly 35-year career at the agency, including his recent leadership of the FDIC’s Division of Complex Institution Supervision and Resolution.

The Federal Housing Finance Agency published first-quarter Uniform Appraisal Dataset aggregate data. For the first time, the FHFA's UAD Aggregate Statistics include data on residential property sales comparisons.

The Consumer Financial Protection Bureau issued its fair lending annual report to Congress describing its fair lending enforcement priorities and statistics.

The Financial Action Task Force—a global anti-money-laundering watchdog—updated its statements concerning jurisdictions with strategic AML, terrorist-financing, and weapons-proliferation deficiencies.