OCC Drops Trump-Era CRA Reform
The years-long effort to update the Community Reinvestment Act will continue, this time with the three federal banking regulators working together, a move supported by both banks and community organizations. The Office of the Comptroller of the Currency said in a...
OCC Releases Final CRA Rule Without FDIC Support
Five months after issuing a proposal to update the Community Reinvestment Act, the Office of the Comptroller of the Currency today released its final rule. But unlike the December proposal, the other federal bank regulators did not endorse the final rule. The Federal...
OCC, FDIC Release Proposed CRA Changes
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation released a proposal on Thursday that would update Community Reinvestment Act regulations. The proposed rules are intended to encourage banks to increase activity in low- and...CFPB Issues New HMDA Amendment Rule
The Bureau of Consumer Financial Protection has issued an interpretive and procedural rule to implement and clarify section 104(a) of the Economic, Growth, Regulatory Relief and Consumer Protection Act. This amended the Home Mortgage Disclosure Act (HMDA). Also...This Week’s Paper: Digital Edition
