On April 1, 2020, the CFPB (Bureau) recognized that COVID-19 pandemic is having an impact on financial institutions as well as the customers they serve. The Bureau encourages financial institutions to work with borrowers and other customers affected by the …
HMDA Small Reporter Overview With the new year comes HMDA reporting. Let’s take a look at the partial relief that EGRRCPA provided to some financial institutions. On May 24, 2018, the President signed the Economic Growth, Regulatory Relief, and Consumer …
A Lookback at Some Compliance Happenings in 2018 With the new year just beginning, it is a good idea to review some of the compliance changes that occurred in 2018: The new HMDA rules became effective on January 1, 2018. …
A Lookback at Some Compliance Happenings in 2018 Shanin L. Bachstein
Were you MIA for MLA? The mandatory compliance date for the provisions of the Military Lending Act (MLA) was October 3, 2016. We will discuss the requirements of the provisions just in case it was off your radar. The MLA …
CRA: Get the Credit You Deserve – Part II An important component of the Community Reinvestment Act (CRA) Examination is Community Development. In Part II, we will concentrate on community development loans. The Interagency Questions and Answers Regarding Community Reinvestment …
Community Reinvestment Act (CRA) CRA: Get the Credit You Deserve – Part II Shanin L. Bachstein
Get the Credit You Deserve – Part I An important component of the Community Reinvestment Act (CRA) Examination is Community Development. We are completing a 3 part mini-series on Community Development to ensure that you are receiving the credit that …