CRA

CFPB: Public Statement on Home Mortgage Disclosure Act Compliance

Bureau Does Not Intend to Assess Penalties for Errors in Data Collected in 2018, and Plans to Reconsider Aspects of Mortgage Data Rule The Consumer Financial Protection Bureau (CFPB) today issued a public statement announcing that the Bureau does not intend to require data resubmission unless data errors are material or assess penalties with respect…

December 21, 2017 Regulatory Updates

We’ve added 337 Nonprofits in the State of Montana

December 15, 2017 Company Announcements

We’ve added 581 Nonprofits in the State of Nebraska

December 8, 2017 Company Announcements

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 September 2017. The CRA is a 1977 law intended to encourage insured banks and thrifts to meet local credit…

December 5, 2017 CRA Examinations

OCC: CRA Evaluations for 29 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 November 1, 2017 through November 30, 2017.  The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.  The…

December 5, 2017 CRA Examinations

FHFA: Progress Update on the Single Security Initiative and Common Securitization Platform

The Federal Housing Finance Agency (FHFA) today published An Update on Implementation of the Single Security Initiative and the Common Securitization Platform detailing progress toward further implementation of the Common Securitization Platform (CSP) and launch of a single, common security called the Uniform Mortgage-Backed Security (UMBS). As announced previously, Fannie Mae and Freddie Mac (the…

December 4, 2017 Industry News

FDIC: CRA Examination Schedules for First and Second Quarter 2018 Issued

The Federal Deposit Insurance Corporation (FDIC) today issued the lists of institutions scheduled for a Community Reinvestment Act (CRA) examination during the first and second quarters of 2018. CRA regulations require each federal bank and thrift regulator to publish its quarterly CRA examination schedule at least 30 days before the beginning of each quarter. The…

November 30, 2017 CRA Examinations

OCC: First and Second Quarter 2018 CRA Evaluation Schedule Issued

The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the first and second quarters of 2018. The OCC encourages public comment on the national banks and federal savings associations scheduled to be evaluated under the CRA, and suggests that comments be…

November 28, 2017 CRA Examinations

Federal Reserve: CRA Examination Schedule for First and Second Quarter 2018 Released

The Federal Reserve has released the CRA examination schedules for the first two quarters of 2018: First Quarter 2018 Boston Bank name City State MANSFIELD CO-OP BK MANSFIELD MA WASHINGTON SVG BK LOWELL MA New York Bank name City State AMBOY BK OLD BRIDGE NJ BANK OF CATTARAUGUS CATTARAUGUS NY FIELDPOINT PRIV B&TC GREENWICH CT…

November 27, 2017 CRA Examinations

We’ve added 1,720 Nonprofits in the State of North Carolina

November 22, 2017 Company Announcements