Has your bank suddenly become a HMDA reporter? Minutiae matter Joint owners’ signatures on new joint accounts Has your bank suddenly become a HMDA reporter? By John S. Burnett A recent federal court decision has lowered the loan reporting threshold for closed-end mortgage loans under the Home Mortgage Disclosure Act-implementing Regulation C from 100 to 25 closed-end mortgage loans in …
January 2023
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January 25, 2023
Participate in our director compensation survey
The OBA is partnering with Blanchard Consulting Group for the 2023 Director CompensationSurvey, which is currently open for participation! This survey only includes financial institutions and focuses on director compensation for 2022, including meeting fees, committee fees, retainers, equity, benefits and total director compensation. The survey also includes an assessment of chairperson fees and has ten director compensation trends questions. Data …
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January 24, 2023
Week of Jan. 23
In This Issue… ABA, ICBA: CFPB wants small bank input on credit card fee rules Participate in our director compensation survey Bankers at state capitol: Register for OBA’s 2023 Contact Banker Program OBA Intern Program ready for 2023 OBA education corner … ABA, ICBA: CFPB wants small bank input on credit card fee rules The Consumer Financial Protection Bureau is …
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January 23, 2023
Women in Banking Luncheon Canceled
Due to the uncertain weather forecast, Tuesday’s Women in Banking Luncheon has been canceled. We apologize for the inconvenience and hope to see you soon. Stay warm.
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January 23, 2023
Bankers at the State Capitol: Register for OBA’s 2023 Contact Banker Program
We have set the dates for the 2023 Contact Banker Program. Click here to find a sign-up form with the dates for this year’s program. Please select dates that work best for you and return your form to megan@oba.com. Once we have the groups finalized, we will send an email confirmation for your date. On the date you select, there will be a short …
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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 …
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January 17, 2023
Week of Jan. 17
In This Issue… Federal Housing Finance Agency issues advisory on mortgage servicing rights Review your bank’s information for OBA directory OBA education corner … 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 …
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January 16, 2023
Review your bank’s information for OBA directory
The Oklahoma Bankers Association Directory of Banks is again being produced this year by NFR Communications. To best serve you, we want to include the most up-to-date and accurate information about your bank, your branches and your staff. However, we need your help. To ensure we are using the most accurate information, please follow the instructions provided in the letter …
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January 11, 2023
Review your bank’s information for OBA directory
The Oklahoma Bankers Association Directory of Banks is again being produced this year by NFR Communications. To best serve you, we want to include the most up-to-date and accurate information about your bank, your branches and your staff. However, we need your help. To ensure we are using the most accurate information, please follow the instructions provided in the letter …
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January 11, 2023
Bankers at the State Capitol: Register for OBA’s 2023 Contact Banker Program
We have set the dates for the 2023 Contact Banker Program. Click here to find a sign-up form with the dates for this year’s program. Please select dates that work best for you and return your form to megan@oba.com. Once we have the groups finalized, we will send an email confirmation for your date. On the date you select, there will be a short …