The FDIC Released the Third Volume in its Affordable Mortgage Lending Guide
A quick review of borrower and loan criteria will help you identify whether the affordable home loan program is suitable for a particular client or population that you are trying to serve.
The FDIC Released its April List of CRA Compliance Examinations
The Federal Deposit Insurance Corporation (FDIC) 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 January 2017.
The CFPB Issued the Largest HMDA Fine in Bureau History Against a Nonbank Mortgage Lender
In March of 2017, legal firm Buckley Sandler covered the largest HMDA fine that the CFPB has ever levied against a nonbank mortgage lender.