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OBA News
The Latest
April 2023
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April 12, 2023
SBA issues final rule, stops 7(a) lender moratorium
The Small Business Administration issued a final rule this week to lift the moratorium on the number of non-depository lenders in the 7(a) program. Through the 7(a) program, banks and other lenders provide loans to underserved small businesses. The number of non-depository institutions in the program has been capped at 14 institutions for decades, but that cap is eliminated under …
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April 3, 2023
ABA Journal reports share of performing mortgages rise in Q4
The report is generated from seven large banks representing 22% of all outstanding residential mortgages. Shows a decrease in foreclosures for the quarter but an increase from the previous year. Servicers initiated 9,166 new foreclosures in the fourth quarter, a decrease from the prior quarter but up from a year ago. Mortgage Metrics Report: Share of performing mortgages rises in …
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March 2023
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March 24, 2023
New fraud training video available from OBA
The number of bank robberies in Oklahoma, as well as nationwide, has remained consistently low for the past few years. It is still critically important, however, our banks train for the “when” and not “if” as the safety of all our bankers and customers is a primary goal. The OBA has created an updated training video via Zoom, which features …
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March 8, 2023
OBA 2023 Senior Management Conference set for April
The Oklahoma Bankers Association 2023 Senior Management Conference is scheduled for April 2-4 at the Bellagio in Las Vegas. One of the key benefits in the conference will be talking with your peers. Attendees at the OBA 2022 Senior Management Conference will be surrounded by those with similar titles, similar workloads, similar problems and likely solutions to issues that can be …
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March 3, 2023
FinCEN posts alert on check fraud through postal service
In light of a nationwide surge in check fraud schemes targeting the U.S. Mail, the Financial Crimes Enforcement Network issued an alert on Monday to financial institutions to be vigilant in identifying and reporting such activity. This alert provided an overview of a recent surge in mail theft-related check fraud, highlighted select redflags to assist financial institutions in identifying and reporting suspicious activity and remindedfinancial …
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Jeremy Cowen, Senior Vice President/Communications
Email: jeremy@oba.com | Phone: Ext. 113
Jeremy has been in charge of the Oklahoma Banker newspaper as well as the OBA website and other member communications since joining the OBA in January 2002. A native of Hartshorne and a 1997 graduate of the University of Oklahoma, he enjoys meeting and talking with the different people he encounters while doing his job. Previously, Jeremy worked as a sports writer in Lawton and, for the four years prior to joining the OBA, Lubbock, Texas, where he decided the town wasn’t big enough for both him and Bobby Knight. When not working, Jeremy loves to hike, read, watch football, baseball and boxing and teach journalism to high school and college students. And, if you ask, there’s a good chance he will regale you with the story about being interviewed on ESPN by Chris Fowler.