CRA Newswire

OCC: New Bulletin Outlines Key HMDA Data Fields for Full and Partial Reporters

Summary The Office of the Comptroller of the Currency (OCC) is issuing this bulletin (OCC BULLETIN 2019-12) to inform national banks, federal savings associations, and federal branches and agencies (collectively, banks) about key data fields that the OCC has determined examiners will typically use to test and validate the accuracy and reliability of home mortgage loan…

FEMA: Disaster Case Management Program in Puerto Rico Funded

FEMA has awarded nearly $70 million for disaster case management in Puerto Rico. This partnership provides survivors with a single point of contact to facilitate access to a broad range of resources and expedites their recovery after hurricanes Irma and María. In line with Governor Ricardo Rossello’s plan to transition individuals from federal aid to…

HUD: Disaster Assistance Available for Victims of Alabama Tornado

Foreclosure protection offered to displaced families in Lee County Following the Trump Administration’s major disaster declaration in the wake of this week’s deadly tornado in Alabama, the U.S. Department of Housing and Urban Development (HUD) will provide mortgage relief and other support to homeowners and low-income renters forced from their homes in Lee County, Alabama….

EDA: $27 Million Invested to Expand and Improve Airports in the U.S. Virgin Islands

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding $27 million in grants to the Virgin Islands Port Authority of St. Thomas, U.S.V.I., to expand and improve two major airports in the wake of Hurricanes Irma and Maria. According to grantee estimates, the projects are expected to…

FEMA: President Trump Approves Major Disaster Declaration for Alabama

The Federal Emergency Management Agency announced today that federal disaster assistance has been made available to the state of Alabama to supplement state and local recovery efforts in the areas affected by severe storms, straight-line winds, and tornadoes on March 3, 2019. The President’s action makes federal funding available to affected individuals in Lee County….

FDIC: List of Banks Examined for CRA Compliance Issued

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in December 2018. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

OCC: CRA Evaluations for 13 National Banks and Federal Savings Associations Released

The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of February 1, 2019 through February 28, 2019.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.  The…

CFPB: This Tax Season, Protect Yourself from IRS Imposter Scams

An IRS imposter scam is when someone contacts you pretending to be from the Internal Revenue Service (IRS). They falsely say that you owe taxes and must pay them immediately or face serious penalties. Maybe you receive a call from someone claiming to be an auditor and orders you to pay money immediately for a…

FEMA: President Trump Approves Major Disaster Declaration for Washington

FEMA announced today that federal disaster assistance has been made available to the state of Washington to supplement state, tribal and local recovery efforts in the areas affected by severe winter storms, straight-line winds, flooding, landslides, mudslides, and a tornado Dec. 10-Dec. 24, 2018. Federal funding is available to the state, tribal and eligible local…

FDIC: New Resources Unveiled for Consumers During National Consumer Protection Week 2019

In observance of National Consumer Protection Week (NCPW), March 3–9, the Federal Deposit Insurance Corporation (FDIC) today unveiled new resources to help consumers understand their rights and make well-informed decisions about money. The FDIC has added a new, online Information and Support Center to the agency’s existing educational resources. Consumers can use the Center to…