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TBA News & Headlines

Survey: Two-Thirds of Bankers Have Begun CECL Prep

Approximately two-thirds of financial institutions have in some way begun tackling the Financial Accounting Standards Board’s Current Expected Credit Loss model for loan loss accounting, according to a survey released yesterday.

Study: Community Banks Persist in Mortgage Servicing

Community financial institutions have expanded their share of the mortgage servicing market since 2008, according to a study released yesterday by the Government Accountability Office.

Fed Aligns Policies to NACHA Same-Day ACH Rule

The Federal Reserve Board yesterday announced updates to its Policy on Payment System Risk that will align its procedures for measuring institutions' intraday account balances with NACHA’s same-day ACH rule.

Senators Urge Tailored Regulations for Community, Regional Banks

A bipartisan group of 70 senators wrote to the Consumer Financial Protection Bureau on Monday, calling on the agency to exempt community banks and credit unions from certain regulations.