Fresh Today

Fresh Today

WASHINGTON–The Independent Community Bankers of America has issued a statement of support for plans by federal agencies to simplify the Basel III regulatory capital standards for community banks and to pause the full phase-in for some regulatory capital deductions and risk weights set to take effect for community banks on Jan. 1, 2018.

IRVINE, Calif.–Public records data show that the dollar volume of all mortgages – purchase and refinance combined – originated in 2016 was nearly $2 trillion, a 15% increase over the 2015 origination amount, according to analysis released by CoreLogic.

MADISON, Wis.—Credit union loan balances rose 1% in June, slower than the 1.2% pace reported in June 2016, due to slower growth in used-auto loans (0.3% vs 1.3%) and adjusted-rate first mortgages (-2.2% vs -0.8%), according to CUNA Mutual Groups latest Trends Report.

WASHINGTON—Members of the Federal Financial Institutions Examination Council have released new Home Mortgage Disclosure Act examiner transaction testing guidelines for all financial institutions – including credit unions – that report HMDA data.