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 …
January 2023
January 2025
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January 21, 2025
Week of Jan. 20
In This Issue… From Adrian’s desk … Trump revokes AI, climate change rules on financial sector Trump names chairs, acting heads of several agencies, departments OBA, ABA to host webinar on national, state legislative issues OBA Bankers’ Night Out programs ready for spring OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some …
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January 21, 2025
Integris
Integris supports community banks with premium IT services, including managed IT support, cybersecurity, strategic guidance, hosting, and more. Our solutions are specifically designed to meet the unique demands of financial institutions. CONTACT INFORMATION: Contact: Lance LaBedelle 940 Arroyo St San Angelo, TX 76903 Phone: (325) 227-9900 Email: lance.labedelle@integrisit.com Website: www.integrisit.com
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January 14, 2025
OBA, ABA to host webinar on national, state legislative issues
The OBA and the American Bankers Association will host a free webinar on Jan. 30, exclusively for Oklahoma bankers, to discuss the upcoming changes and opportunities presented at both the state and federal levels for the banking industry. New leadership coming to Washington presents many opportunities for the industry, and 2025 is certain to be a year of significant policy …
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January 14, 2025
Week of Jan. 13
In This Issue… From Adrian’s desk … OBA, ABA, state bankers associations ask Trump to halt current regulatory actions Unauthorized tap-to-pay fraud increasing CFPB drops proposed ban on NSF fees for instant transactions Regional Housing Forums series scheduled Review your bank’s info for upcoming Directory of Banks; participate in director compensation survey OBA education corner … From Adrian’s desk … …
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January 13, 2025
GSB scholarships available for 2025
Several scholarships are now available to bankers from OBA-member banks for various graduate schools of banking. Applications (other than for GSB-Colorado) should be submitted to the OBA’s Janis Reeser by email (janis@oba.com), regular mail (643 N.E. 41st St., OKC, 73105) or fax (405-424-4518). Click on the links below for more specific information about each scholarship: GSB-Madison HR School Scholarship: $700 …
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January 8, 2025
Associations file suit challenging Fed’s stress-testing framework
Various association, including the American Bankers Association, The Bank Policy Institute, Ohio Bankers League filed litigation in late December against the Federal Reserve, challenging aspects of the stress testing framework the Fed uses to establish certain bank capital requirements. The lawsuit is focused on the lack of transparency in the current stress testing process, with the groups challenging the “opaque …
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January 7, 2025
Week of Jan. 6
In This Issue… From Adrian’s desk … Fed’s vice chairman for supervision announces retirement National Day of Mourning on Thursday; Fed closed, banks to remain open OBA, ABA to host webinar on national, state legislative issues OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest …
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January 2, 2025
OBA statement on passing of Gene Rainbolt
The Oklahoma Bankers Association, today, mourns the death – but celebrates the life – of prominent banker and Oklahoman Gene Rainbolt. Rainbolt was a leader and legend within the Oklahoma banking community, and truly among ALL Oklahomans as well. He was an inaugural inductee of the Oklahoma Bankers Hall of Fame in 2018, a chair of the OBA in 1970-71 …
December 2024
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December 31, 2024
Week of Dec. 30
In This Issue… From Adrian’s desk … Deepfake technology to impact bank fraud in coming year Associations file suit challenging Fed’s stress-testing framework OBA education corner … From Adrian’s desk … By Adrian Beverage OBA President & CEO Just some random tidbits that might be of interest to our bankers this week! • • • …
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December 30, 2024
Court hits pause on beneficial ownership registry deadline
The January deadline for covered businesses to register their beneficial ownership information is on hold following a order from the Fifth Circuit Court of Appeals on Dec. 26. On Dec. 23, the Fifth Circuit lifted a nationwide injunction issued by the district court judge earlier this month in a Texas lawsuit challenging the Corporate Transparency Act, which requires covered businesses …