State Sen. Travis Holdman
Indiana’s banking community is fortunate to have a number of lawmakers in both the House and Senate with direct banking backgrounds and/or experience serving on bank boards, giving them better insight into how the laws they consider will impact not only Hoosier bankers but the communities we serve.
One of those lawmakers is Sen. Travis Holdman, a former chair of the Community Bankers Association of Indiana and Indiana Department of Financial Institutions.
What the mortgage insurance premium cut means to mortgage-backed securities investors
The Federal Housing Administration recently announced a decrease to the annual premium charged to borrowers with FHA-backed loans endorsed on or after March 20, 2023. This mortgage insurance premium is a monthly fee that FHA borrowers pay into the fund that insures FHA-backed mortgages.
National perspective
Our partners at the ICBA and ABA promote telling the personal stories of community banking and considering middleware as a way to wrap existing core services with a new layer of technology.
SPOTLIGHT ARTICLE
FLD Focus: Grassroots Advocacy
Direct engagement with your lawmakers is one of the strongest forms of advocacy, but it can also be nerve-racking if you’ve never done it before. More than 60 members of the IBA’s Future Leadership Division spoke directly with state lawmakers members during its annual FLD Day at the Statehouse on March 7. | Read more.
Annual Member Benefits Report
Get a breakdown of everything the Indiana Bankers Association offered to its membership last year – and make sure you take advantage of all these same benefits this year!
Digging deeper
Other articles from this issue include:
- loan review best practices;
- buydown program considerations;
- it’s time to update severance agreements;
- electronic mortgage loan transactions; and
- open banking & the future of financial services.
Columns
CLOSING NOTE
Board Review: Bradley J. Monts
Brad is a north region director on the IBA’s Board of Directors. He serves as president & CEO of Hoosier Heartland State Bank, Crawfordsville. | Meet Brad.
Read the entire May/June 2023 issue of Hoosier Banker magazine by clicking below!
