NewsWatch Today

Federal Housing Finance Agency Director Sandra Thompson recognized mortgage lenders’ concerns with rising repurchase requests from Fannie Mae and Freddie Mac, though she said requests have declined since their peak in early 2022.

The Federal Housing Finance Agency said it will revise the treatment of active single-family mortgages backed by Fannie Mae and Freddie Mac for which borrowers elected a COVID-19 forbearance under the enterprises' representations and warranties framework.

The Federal Housing Finance Agency published a new set of data points and trends found in appraisal reports.

ICBA’s joint proposal to reduce mortgage rates by an estimated 100 to 150 basis points is making news.

The Senate Banking Committee is scheduled to meet tomorrow for a subcommittee hearing on community development financial institutions.

Community bankers have for years warned of the expansion of credit union powers, but Navy Federal Credit Union’s new “Community Bank” brand indicates credit unions recognize they’ve gone too far, ICBA President and CEO Rebeca Romero Rainey wrote in a recent LinkedIn post.

The ICBA National Campaign Toolkit features numerous assets for community banks and state partners, including customizable audio ads.

The Consumer Financial Protection Bureau and Justice Department said in a joint statement that all credit applicants are protected from discrimination under the Equal Credit Opportunity Act, regardless of their immigration status.

The Commodity Futures Trading Commission charged the former head of failed crypto brokerage firm Voyager Digital with fraud and registration failures in connection with the digital asset platform.

The U.S. Faster Payments Council released a new resource for banks working to implement instant payments.

ICBA said it is reviewing new Consumer Financial Protection Bureau guidance requiring banks and credit unions over $10 billion in assets to provide account information requested by customers without charging fees.

The FDIC launched a national campaign to increase the public’s awareness of deposit insurance and how it can protect people’s money in the event of a bank failure.