Are you ready for the SECURE Act of 2019? The SECURE Act (The Setting Every Community Up for Retirement Enhancement Act) of 2019 will affect most retirement savers, for better or worse. This act has changed the required age in …
When is a Reg B “Notice of Action” Required Regulation B requirements are intended to protect the applicant(s) from discrimination. The regulation requires financial institutions to make timely credit decisions and give an applicant distinct reasons for a denied loan …
Kay M. Scarselli When is a Reg B “Notice of Action” Required
To help assist in ensuring your financial institution is up to date with servicing guidelines for FHLMC loans, here is a summary of some of the changes being made to the FHLMC Servicing Guide for 2019: Article prepared by Kay M. …
Kay M. Scarselli Summary of FHLMC Serving Guide updates for 2019
Steps to Mitigate Your Bank’s Credit Risk Loan portfolios typically have the largest impact on the overall risk profile and earnings of community banks. A strong credit culture provides a platform for the Bank to compete successfully in its market. …