January 2023

  • January 20, 2023

    Federal Housing Finance Agency issues advisory on mortgage servicing rights

    The Federal Housing Finance Agency last week released an advisory on the valuation of mortgage servicing rights for managing counterparty credit risk. The notice is intended to communicate FHFA’s supervisory expectations for Fannie Mae and Freddie Mac “to establish and implement risk management policies and procedures for monitoring and valuing seller/servicers’ mortgage servicing rights.” This bulletin only applies to MSRs …

May 2023

  • May 30, 2023

    Week of May 29

    In This Issue… Annual Washington Visit set for Oklahoma bankers OBA co-hosting fraud prevention conference OCC revises bank enforcement manual, details actions for banks with ‘persistent weaknesses’ OBA education corner … Annual Washington Visit set for Oklahoma bankers The OBA’s Annual Washington Visit has been scheduled for Sept. 24-26 and the hotel will be The Mayflower Hotel. We challenge you …

  • May 24, 2023

    Check out our 2023 Convention Photos

    We had a good time at convention! We hope you did, too! Check out a random smattering of photos from our convention here! You can also click here to see ALL of the photos we collected from convention via a Dropbox folder!

  • May 24, 2023

    Miss our convention? Check out our opening video!

    Did you miss our convention this week? Well, we missed you! We’ll have more photos and such to share with everyone in the upcoming days. Until then, quench your convention thirst with a peek at our opening session video featuring “family photos” of several banks in the state! Many thanks to all the banks who submitted photos for the project! …

  • May 24, 2023

    ABA joins Texas lawsuit to block CFPB’s Section 1071 rule

    Gavel and Flag

    The American Bankers Association has joined a lawsuit filed by the Texas Bankers Association and McAllen, Texas-based Rio Bank challenging the Consumer Financial Protection Bureau’s final rule implementing Section 1071 of the Dodd-Frank Act. ABA president and CEO Rob Nichols made the announcement of his association joining the legal fight during the TBA’s annual convention in San Antonio late last …

  • May 23, 2023

    Week of May 22

    In This Issue… ABA joins Texas lawsuit to block CFPB’s Section 1071 rule Agencies issues host state loan-to-deposit ratios OBA education corner … ABA joins Texas lawsuit to block CFPB’s Section 1071 rule The American Bankers Association has joined a lawsuit filed by the Texas Bankers Association and McAllen, Texas-based Rio Bank challenging the Consumer Financial Protection Bureau’s final rule …

  • May 18, 2023

    OBA comments on published story about costs of “ESG” legislation

    The Oklahoman published a story today about the negative impacts from the State of Oklahoma banning government entities from doing business with certain financial institutions, and highlighted facts unsurprising to the Oklahoma Bankers Association and its member banks. The ban, which is on financial institutions that supposedly “boycott” oil and gas companies, will reportedly already cost one Oklahoma community more …

  • May 15, 2023

    Gungoll, Jackson, Box & Devoll, P.C.

    Gungoll, Jackson, Box & Devoll, P.C., provides a full range of legal services to financial institutions, including, title opinions, foreclosures, commercial loan documentation, debt collection, trust administration, and litigation. CONTACT INFORMATION: Contact: Erin J. Rooney or Vance T. Nye 101 Park Ave, Suite 1400 Oklahoma City, OK 73102 Phone: (580) 249-5469 Email: Rooney@GungollJackson.com Email: Nye@GungollJackson.com Website: https://www.gungolljackson.com/

  • May 15, 2023

    Week of May 15

    In This Issue… FDIC issues proposed rule on special assessment Nominees selected for Fed board Revisit our convention with photos, opening video OBA education corner … FDIC issues proposed rule on special assessment The Federal Deposit Insurance Corporation Board of Directors last week approved a notice of proposed rulemaking, which would implement a special assessment to recover the cost associated …

  • May 12, 2023

    Check out our 2023 Convention Photos

    We had a good time at convention! We hope you did, too! Check out a random smattering of photos from our convention below! You can also CLICK HERE to see ALL of the photos we collected from convention via a Dropbox folder!  

  • May 11, 2023

    Miss our convention? Check out our opening video!

    Did you miss our convention this week? Well, we missed you! We’ll have more photos and such to share with everyone in the upcoming days. Until then, quench your convention thirst with a peek at our opening session video featuring “family photos” of several banks in the state! Many thanks to all the banks who submitted photos for the project!