OCC Issues Revised Comptroller’s Handbook Booklet on Homeownership Counseling
The Office of the Comptroller of the Currency (OCC) today issued version 1.0 of the “Homeownership Counseling” booklet of the Comptroller’s Handbook. This booklet replaces the “Homeownership Counseling Examination Procedures” booklet of the Comptroller’s Handbookdated June 2011. Note for Community Banks This booklet provides information to inform and educate examiners about homeownership counseling requirements for delinquent borrowers…
SBA: Agency Launches iCAP to Modernize 7(a) Loan Origination, Streamline Workflows, and Accelerate Small Business Lending
Phased Onboarding Will Open for Integrated Origination, Risk Management, and Real-Time Processing for SBA Lenders Today, the U.S. Small Business Administration (SBA) announced the new Intelligent Capital Access Platform (iCAP), a modern origination, processing, and management platform designed to make SBA lending faster, simpler and more secure. The new platform marks a historic technology overhaul for the…
OCC: Agency Issues Supervisory Framework on Bank Use of Super Intelligence
The Office of the Comptroller of the Currency (OCC) today issued a framework for its bank examination workforce on banks’ use of Super Intelligence (SI). Banks have a long history of utilizing new technologies to improve operational efficiencies and drive innovations to serve their customers. SI and agentic SI are novel technologies that are experiencing…
ICBA: ICBA Opposes OCC Approval of Ripple’s National Trust Bank Charter Application
The Independent Community Bankers of America (ICBA) today expressed opposition to the Office of the Comptroller of the Currency’s reported final approval of Ripple’s application for a national trust bank charter for its Ripple National Trust Bank subsidiary. “The OCC’s approval of Ripple’s trust charter application based on the agency’s flawed chartering rule for national trust…
SBA: Agency Asks Public to Report Suspected Pandemic-Era Fraud Through DOJ Whistleblower Portal
Whistleblower Program Offers Incentives for Reporting PPP and COVID EIDL Fraud Following President Donald J. Trump’s announcement establishing the Fraud Whistleblower Incentive Program (WHIP), the U.S. Small Business Administration (SBA) today called on members of the public, federal employees, lenders, and small business owners to report suspected SBA loan and grant fraud through the new centralized federal portal at america.gov/fraud. …
OCC: Comptroller Gould Discusses Efforts to Support Community Banks
Comptroller of the Currency Jonathan V. Gould today discussed the Office of the Comptroller of the Currency’s (OCC) work to help community banks thrive and remain dynamic as the financial industry evolves in remarks before the Ohio Bankers League. Excerpts from Comptroller Gould’s remarks are below. His full remarks can be found here. Ohio Community Banks…
ABA: Officers and Board Elected for 2026-2027
Members attending the American Bankers Association’s annual convention in Salt Lake City have elected new ABA officers and directors to serve on ABA’s board for the 2026-2027 association year. The new officers are: CHAIR: Catherine Owen, executive chair, Eagle Bank & Trust Company, and chair and CEO, State Holding Company, Little Rock, Ark.; •CHAIR-ELECT: James C. Ryan…
HUD: Agency Announces Voluntary Compliance Agreement with Multnomah County Homeless Services Department in Oregon
Ensures Residents Have Equal Access to Housing Services Today, HUD announced that Multnomah County, Oregon, and the Multnomah County Homeless Services Department have agreed to stop dispensing assistance to the county’s homeless population based on race, color, and national origin in violation of the Fair Housing Act and Title VI of the Civil Rights…
ICBA: OpenAI & ICBA Announce Strategic Alliance to Bring Frontier AI Cybersecurity Capabilities to Community Banks
The Independent Community Bankers of America (ICBA) and OpenAI today announced a landmark strategic alliance opens in a new tabto help community banks access AI-enabled cybersecurity capabilities, training, and peer-to-peer engagement. The alliance builds on ICBA’s broader advocacy to ensure community banks are included as advanced AI capabilities are developed and deployed. Earlier this year, ICBA led…
HUD: Secretary Turner to Co-Chair the Task Force on Manufactured Housing Innovation
Following President Donald J. Trump signing an Executive Order, Secretary Turner will now co-chair the Task Force on Manufactured Housing Innovation to unleash more affordable and innovative housing. The Executive Order, Decreasing Housing Costs for the American People, established this task force to create a whole-of-government approach to ensure our nation is modernizing federal housing programs…